RE:RE:New Press Release - Aeterna Zentaris and Ceapro Merger Approved by Securityholders at Special MeetingsAbsolutely. They need to get the share price up, else risk de-lisitng from NASDAQ. It's one big joke. You'll never get institutional interest with a tight share structure and don't expect an instituion to take part in any financings even after the rollback.
AEZS name and management has a great reputation for detroying shareholder value, they will only attract retails investors by changing the company name and then touting PGX instead of their tired pipeline. PGX is a gift to AEZS.A takeover at a multi-year worse than liquidation valuation using cheap paper.