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0 -0.00104493207941482 -0.00417972831765926 -0.00522466039707426 -0.00312434691745032 -0.0120167189132707 -0.0334378265412748 -0.0282131661442006
Stock impact report

Anavex: Increasing Shareholder Value Against All Odds [Seeking Alpha]

Anavex Life Sciences Corp. (AVXL) 
NASDAQ:AMEX Investor Relations: anavex.com/share-data
Company Research Source: Seeking Alpha
Luis Alvarez/DigitalVision via Getty ImagesI covered Anavex Life Sciences Corp. (NASDAQ:AVXLnumber of CNS indications like Alzheimer's Disease, Parkinson's Disease, Rett Syndrome and so on. The company has a market cap of $750mn and acash balanceof $153mn. Research and development expenses were $8.6 million while general and administrative expenses were $2.9 million in the previous quarter. At that rate, the company has a cash runway of quite a few quarters.The largely vocal nature of social media interest in AVXL was demonstrated to us bewildered observers on February 1, when AnavexpresentedAdam Feuerstein tweet(Twitter)Now, there are a number of issues here:Now, according to Mr. Feuerstein, this change was done on January 18, just 2 weeks before data announcement. If this is true, it is, doubtless, a grave error.Now, I checked what explanation Anavex had to offer about the date of change. In a statement toInvestor's Business DailyMissling says Anavex selected those two measures — re Show less Read more
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