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Bullboard - Stock Discussion Forum Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human... see more

TSXV:CZO - Post Discussion

Ceapro Inc > Vote no
View:
Post by fossi_2002 on Feb 23, 2024 3:39pm

Vote no

The higher CZO's price rises, the less reason there is to vote for the merger. If the merger comes about, the CZO price will fall back towards 15c due to the exchange ratio alone.
Comment by prophetoffactz on Feb 23, 2024 4:09pm
The higher CZO goes the more H.C. Wainwright's C$100 million target price for AEZS looks realistic. As a merger of equals that arguably values CZO at C$1.25 per share. There was little in today's news release that wasn't expected and likely priced into the exchange ratio. fossi still hasn't told us what Gilles knows about AEZS's diagnostic deal that will help provide the ...more