Replies to post #402102 on Anavex Life Sciences Corp (AVXL)

[Gator328]

All the more reason to raise money now, if one suspects an economic collapse and the cost of borrowing to increase a few years from now.

Nobody was pleased with the decision to sell stock in 2021, but that turned out to be a prudent short-term move to shore up the balance sheet. It's much harder to acquire a financially healthy company for cheap than one that has the potential to become a money pit for the acquirer.