Anyone--ANYONE--who has watched this stock since 2000 KNOWS that ENZ has been a protected family enterprise set up to enrich management way beyond any reasonable compensation using shareholder return as a metric.
And this long overdue challenge to their egregious mismanagement and looting of the company is the ONLY way shareholders will see any reasonable return.
Got to a chart service that goes back 20 years and see what inept management does to a company.
Just the past year--when biotechs and medical stocks have done VERY well, here is the ENZ chart:
It is beyond me why ANY shareholder not related to the Rabanni family or not on the board would not support this activist investor.
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