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Alias Born | 09/24/2021 |
Wednesday, April 13, 2022 3:27:22 PM
Market cap just prior to merger = $270,000
At it's peak, 2.7 billion outstanding shares @ $0.829 = $2.23 billion market cap.
Probably a bit overvalued. So, then: what is ENZC worth?
What matters to smart investors is the following: What is the likelihood of the IP (either ITV-1, the monoclonal antibodies, IPF Immune, the MS drug, the AI, etc.) somehow hitting and what would be the financial benefits of such a hit?
Frankly, if the IP is successful, the $2.23 billion is a bargain. If it is not, the $167 million is overpriced. But, it's very clear that discussions of minor problems / successes in IPF Immune, or minor changes in O/S or Float, or each individual tweet or PR just don't matter.
Everything else is just noise.
Recent ENZC News
- Small Cap Recipient of Military Drone Technology • InvestorsHub NewsWire • 11/20/2023 01:14:45 PM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM