Wednesday, July 12, 2023 1:15:41 PM
Also, the ENZC share price should significantly rise as investors see the resulting gain from the dividend. When you combine the potential license agreement and increase in SAGA value along with a resulting ENZC price increase it should result in the reduction of ENZC shares being sold.
In addition, as stated in the supplemental information, ENZC "management would be able to purchase new operations or develop other products". Recently, ENZC added 900 million shares and as of today we do not know the purpose of those additional shares. I also believe there is some question as to what ENZC shares will be in the calculation of the dividend. Many possibilities with many questions!
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