100%, it's such a good development for a growing company! Sure the products discussed in the deal are only pipeline, BUT there's a non-refundable upfront licensing payment that goes directly into ZLD's hands, and it's another avenue for production and distribution of their current products. CVSCM wouldn't have made a deal where they pay a lump sum off the bat and front all costs if they weren't absolutely sure about the product. This is a huge vote of confidence on their behalf, it's not a deal you often see when a product hasn't even been developed yet.
May not be much of a market moving ann, but it's a massive tick for the company
Ann: Trading Halt, page-119
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Last
70.0¢ |
Change
-0.005(0.71%) |
Mkt cap ! $7.943M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 73.5¢ | 70.0¢ | $1.176K | 1.633K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 1846 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ZLD (ASX) Chart |