Replies to post #423503 on Anavex Life Sciences Corp (AVXL)

[poguemahone]

You are conveniently leaving out the 1 for 4 reverse stock split. Factoring that in, the return on equity isn’t very good.

Missling has fallen short—most other companies would have told him to take a long walk off a short pier. However, when you control the majority of voting shares and the BOD are made up of shills and cronies, this company is what happens.

[Bourbon_on_my_cornflakes]

In 2015. the stock price wad well under $1 - if 8X-10X return is your idea of sucking it up then it is really hard to feel much sympathy!

You forgot the 1:4 reverse split. you could get 2x-2.5x return over 8 years in an index fund.