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Bourbon_on_my_cornflakes

07/01/23 5:56 PM

#421109 RE: Gator328 #420853

Absolutely not: Do you think the VC's who demanded a sale at $250M regret their decision not to wait another 5-10 years? I do.

VC funds live in the real world where investors expect a return on their investment after 5-10 years of waiting. They got the 15x return and correctly sold.

Right now AVXL investors have ZERO return after about 8 years.

If this stock was at $130 right now, I'd be happy to sell 25% of my holding and ride the rest to $1249 a share, but at friggin $8 the performance has been pizzzz poor. Time to get that NDA filed and return something to patient longs after 8 years of waiting.

Please provide the ticker please, so I can verify the story