What can they really say that we don't know already. The majority of the value(2/3rds) of eze is locked up in its holding in WTI, which in turn is locked up till sometime in November. We know the eze bread and butter business is tracking on fine. A change in this business, unless its dramatic and is unlikely, will have a reasonably small percentage influence on its current share price, which mainly reflects the value of its WTI holdings.
So the way I see further value here, is value continuing to accrue through WTI growth and some "smart" market awareness of what is going on here developing. This is a perfect takeover target as you and I have inferred in earlier posts. You could buy the whole company at current market SP and immediately realise approximately 5 million in profit. If I had a spare 10 million....?
Anyway all very interesting... I hold for the future play.
EZE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
