Replies to post #500662 on Anavex Life Sciences Corp (AVXL)

[boi568]

Keep in mind in that case there are over 25M shares short without the hope of a profit. That will also drive the price higher.

[ignatiusrielly35]

Even a conservative $1b in revenue would be about $10 per fully diluted share. With a price to sales ratio of around 6 that's $60 per share. Then of course the rest of the pipeline adds value.