A great buying opportunity. Very natural for the SP to slip in between announcements as some holders have been around for a long time and will need to cash in at times. But more positive announcements are getting closer by the day. I harken back to Jevalent's post on March 9 as below - Jev is one of the very few HC Posters I follow - I find the posts insightful and balanced - Thanks Jev!
MARCH 9
The key event the market is waiting for (IMO) is a distribution deal. CZD has had discussions with potential partners for the dressing going back over a year. Surely by now the company and its negotiation partners know generally what an acceptable deal would look like.
I believe that with marketing in the US now facing no further regulatory obstacles, that deal will come quickly. That deal ought to drive the SP to 40 cents, and if a deal can be made with KCI to retire their old "granufoam", replacing it with "NovoPore" then $1.00 could be in sight (assuming $35 million annual net income).
- Forums
- ASX - By Stock
- CZD
- chart
chart, page-30
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter