Replies to post #5680 on AEterna Zentaris Inc. (AEZS)

[~ Blue ~]

not true the company accepted max 1;8 reverse split if needs.. not 1:30 there are many blowing air

[Maningreen0]

Tob, at current price a 12:1 reverse split will get the SP to a dollar.
But... look at what has happened with this stock. Every time good news comes out the sp keeps falling and when there is no news the sp goes down.
Ask yourself a question. On friday at all time low, who sold 13 million shares? And the day before, and the day before and the week before.
Thw warrant holders will keep selling shares, regardless of price until they recievr their $37 million back. Therefore the price will continue to go down sadly enough.
Buying here now is throwing away your money but if you want, go for it. Knock yourself out.