InvestorsHub Logo

Gator328

09/06/23 5:46 PM

#429536 RE: kevindenver #429532

I have never seen a contingent rights deal pay out its max amount. Delays happen, intentionally or otherwise, and when milestones are met they are often not met by the various contingent deadlines -- allowing the acquiring company to have its cake and eat it, too.

My fear for Anavex is this type of partnership. I'd prefer to see us grow the company and partner by offering a percentage of profit in exchange for manufacturing, marketing and distribution pathways.

Steady_T

09/06/23 7:02 PM

#429552 RE: kevindenver #429532

Missling has made it clear no buyout. No partnership till AD is approved.

Rett approval will fund the company until AD approval. My guess is that if the company felt the need to raise additional funds after Rett approval the SP will be high enough that it won't take many shares to raise whatever Anavex decides it needs.