Post by
Ciao on Oct 13, 2020 2:46pm
Mr. Market is wrong on this?
Interesting to note the feature they have in SH under peers. A lot of comparables are to companies doing research in cancer treatments (high cost for trials, low chance of success). Looking at relative and intrinsic value and seeing where CZO's market cap is at is a test of one's patience and conviction.The recent financials could easily support a stock price much higher than the current share price.
Collectively insiders do own just under 11% of the shares, and Gilles has exposure to 2.35M shares, Glen Rourke has 1.34M and Don Oborowsky 1.46M. There is enough skin in the game.
This appears to remain a "show me" story or "tell me the story" story. Nonetheless this still has all the potential to be a 10 bagger. Putting this one under the victim of in-efficient markets which allows nimble retail investors to win the stock picker's game in the nano-micro cap space.
Comment by
Ciao on Oct 13, 2020 3:52pm
Every now and then I need to remind myself that the prize is still the BG pill....
Comment by
Minty_33 on Oct 13, 2020 11:40pm
A pretty-clinical study and efficacy evaluation would potentially reduce the costs associated with a full blown study with the MHI if results fell short of expectations. So perhaps they know that the BG pill holds some weight when it come to reducing Cholesterol. How are we to know? Inept IR department and president that doesn't know how to communicate to shareholders and analysts.
Comment by
Ciao on Oct 13, 2020 11:52pm
A pre clinical study would be an additional cost. As mentioned lots of studies have indicated the benefits of BG on reducing LDL and even Health Canada and a few other equivalents in other countries have said the same. I've mentioned this before, any claims on health benefits of a BG pill will be backed by a reputable study and this will be the differentiator when it comes to marketing.
Comment by
prophetoffacts on Oct 14, 2020 10:34am
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