Replies to post #402101 on Anavex Life Sciences Corp (AVXL)

[ExtremelyBullishZig]

It isn't about the money...it is about the lie..."no new taxes"...

[Steady_T]

I agree. The ATM is used on an as needed basis. If the revenues start coming in then the ATM won't be used. Sounds like a great way to line up funds.

Last time there was a big pop in the share price Missling used the ATM to raise a chunk of cash at the opportune time. To raise that same amount of money now or after that raise would take a lot more shares than it did at the time.

Seems like very good financial management to me.