Replies to post #418100 on Anavex Life Sciences Corp (AVXL)

[kevindenver]

My guess is that Dr.M will exercise and hold all 500,000 shares purchased via the stock options at $1.60.

My reasoning is since Dr.M seems like such a frugal person, he has the cash squirreled away for this event.

https://www.sec.gov/Archives/edgar/data/1314052/000173112223000573/e4559_def14a.htm

[LakeshoreLeo1953]

The well sourced "tax treatment" post best explains what will CERTAINLY be fully exercised purchase.
As to funds used...200K sold back to the Market should cover the transaction and tax costs leaving $2.5M ( hopefully more if SP goes to 1249) for further LTCG liability.
Not a bad payday....