InvestorsHub Logo
Followers 126
Posts 7342
Boards Moderated 1
Alias Born 12/03/2017

Re: aarlie post# 181676

Wednesday, 07/12/2023 7:50:17 PM

Wednesday, July 12, 2023 7:50:17 PM

Post# of 199197
Agreed that it will depend on ratio. Also, I think it's all going to come down to whether or not ENZC/BGEN/VIRO produce and/or disclose something big & tangible, prior to the div date. If they don't, I don't see how they increase their value by $300M just by being acquired by SAGA. ENZC current MC with both of them is still under $150M, but when they div out 45M SAGA shares, those shares will be trading at $10, giving them a $450M MC + the $40M MC they currently have? Something with BGEN/VIRO has to come to fruition before the div for those number to hold true.