RE:What is the market pricing?The market doesn't have much to go on at this point.
Ronnie Miller is "thrilled":
“We are thrilled with this exciting transaction..." Gilles is "excited" and he has a view inside of AEZS and CZO: "
This is an exciting day for stakeholders of both companies who share a bright future together.” Carolyn Egbert, Chair of Aeterna, "believes the transaction announced today presents a compelling upside opportunity for investors in both companies...”
Bloom Burton and Raymon James have provided fairness opinions.
Based on H.C. Wainwrights UC$15 target and that it is a merger of equals it could arguably be seen as a C$200 million combined company over the next year.
More details are expected to be released at the end of the month. When the terms of the diagnostic deal and a PGX deal are released we will know a bunch more. That Gilles wants to move CZO to the NASDAQ ahead of events is promising. Ronnie is "thrilled". Stinzo wrote: Is it pricing that the merger takes place? If that's the case the market is saying the new Company is going to 0
Is it pricing that the merger doesn't take place? If that's the case, it's assuming Gilles can't be kicked out or no considerable investor is willing to take CZO over
I feel very sorry for all the lost money I have put into this company