Haters pop up from time to time and its understandable, especially when they say things like its all just a scam look at the share price a week a month ago a year ago.
you could say that about most bio techs
paa asx
pyc asx
bot asx
and the list goes on ... but every biotech worth anything spends a few years building out its strtaegy in the face of a falling share price ... and a difficult road for any early investor to journey on.
i still think its fair and reasonable to expect zelira will have its day in the sun at some point.
Hindsights an exact science when looking back at a stock thats rerated and imagining one could see it coming.
you cant . . If any thing prices seem to down trend before any significant rerate
its been a poor performing stock to date but that hasnt stopped the work being done with in the company.
any body following zelira knows a number of asset lines have been developed over the past few years and like any bio tech I think its fair and reasonable to assume Zelira will be recognised by the market at some point for its series of assets ... which to date i feel remain unrecognised.
World first clinically validated cannibas formulation for insomnia
Market leading cannibas formulation for autism
Clinical trials for Cannibas therapys that support opiod reduction
Manufacturing supply and distribution of products into global markets
licencing of branded products, Autism, insomnia, old age across the US.
Revenues
To name just a few realities that are cooking ... and have been progressing... al beit slowly.. never the less we know these outcomes are imminent.
when Zelira begins executing on these items beyond that of a virtuas intention but can boast these strategic end points as tangible realities... then its a different business... share price will follow suite.
Until then ... every one remains bound to a poor share price ... every ones speculating ... is it good ... is it dog shit ? ...
personally i think it will come good eventually
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