RE:Movementfossi_2002 wrote: At 0.18c$ CZO and 2.30c$ AEZS, the CZO exchange rate should actually be 0.24c$. The closer the date comes, the sooner things will start to move.
If CZO's quarterly results look better, Gilles will probably consider making the exchange rate more attractive.
With the proposed exchange rate of 0.09439, the opposition will be very strong.
This exchange rate is a huge disgrace!!!
You are forgetting that IMMEDIATELY before the merger happens, AEZS shareholders will ge about .50 shares for each AEZS share held. Another "weasel" move by the management at both companies. If take this into account, the actual share exchange ratio becomes about .06.
VOTE NO to the sham merger and this will not be a concern.