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crescentmotor

03/20/24 6:07 PM

#454579 RE: nidan7500 #454578

AVXL staff should-must re-think the effectiveness of their current communications strategy.



That surely must be the understatement of the year...or maybe decade when it comes to AVXL.

Hosai

03/20/24 6:09 PM

#454580 RE: nidan7500 #454578

Managements fiduciary role is to get long term sp growth. Clearly that hasn't happened when compared with a year ago however in terms of looking ahead management aren't going to put out PRs just to boost the short term sp. If they believe peer review will be relevatively soon they will wait for the peer review publication. If people sell coz they are worried before the publication that would be tough luck on them but it isn't managements responsibility to massage investors short term concerns or worries about the share price variability.
Only time a company might care about short term sp would be if they wanted to sell shares for more company cash but Anavex has a decent amount of cash and no debt.

Pazzo1212

03/20/24 6:33 PM

#454583 RE: nidan7500 #454578

We deserve an update on their Rett strategy.

If anything, the plans for either doing another trial, going to an agency for approval, or even scrapping the program.

I think we deserve an update as soon as possible, and keeping us in the dark is frustrating.