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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
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM