RE:RE:RE:Re: Up 39.39% in one weekWhat happened is called life. Life is what hits you after you develop your plans and expectations. COVID dealt historic unpredictability to the market. How much did demand change and how much was inventory building by the supply chain? Multi-decade high inflation also dealt unpreditatability and hit the consumer. The central bankers had to crush inflation with the most rapid interest rate hiking cycle in memory. Then there was the reorganization of CZO's major client - a freak event that has never happened. We haven't been living in linear times for this company that are easily predictable. We've been living in a world of profound shocks. CZO has had to adjust its development plans through lab closures, and client reorganization and thanks to the base business and Gilles conservative nature cash reserves were built up. The increasing needs of the pipeline as CZO hits expected milestones and the drawdown of cash reserves due to unpredictable events make planning ahead important. CZO's recent news release outlining its pipline is bigger than we expected. As CZO reaches commercial-scale production for PGX and the point of deal making having AEZS's capital and internal capabilities can put it in a position of strength as deals are nailed down. Clinical trials for CZO are also potentially advancing from avenanthramide, to fibrosis, to wound healing. Capital and additional human resourses help address the coming need. The biotech market also coughed up the chance to acquire biotech assets below cash. A rare opportunity. Its AIM Biologicals lead program alone addresses a U$2.5 billion market in a differentiated manner. It could be bigger than CZO given it is an expandable platform and it also provides diversification.
Tencents wrote: There seems to be a significant inconsistency in interpretations
the ceo stated in 2022/2023 financial updates
1. Significant growth in base business sales is expected to continue
2. the cash on hand is sufficient to bring current pipeline objectives to fruition
so what is the need to merge with anyone
it can only be that 1 and 2 were poorly evaluated and there was a need to find a way out