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Re: Deportes post# 186426

Sunday, 09/17/2023 1:05:00 PM

Sunday, September 17, 2023 1:05:00 PM

Post# of 198922
The $450M deal should've put ENZC around .15, but instead drove it down. Maybe now that it's a "binding" deal, that will change as a result of people wanting to get the SAGA dividend. Personally I'm not expecting to see much of a change in our trading tomorrow, as I believe we would've seen a change last Thursday/Friday. However, I'm still hoping for the best come tomorrow....

ENZC has been severely undervalued for several years now. I understand what falon and others are saying about "results," but many bio's are usually priced somewhere between potential value & true value, whereas ENZC has been driven under true value and held for years. For example, SAGA must think that ENZC is worth much more than $450M, or they wouldn't be paying that much; and $450M only puts us at .146. My point being that I still believe that our "undervalued pps" is and has been intentional.