ZLD 4.29% 6.7¢ zelda therapeutics limited

The Masterful Zelda /Ilera Merger! Opinions

  1. 235 Posts.
    lightbulb Created with Sketch. 190
    OK, I'm very happy as a shareholder in Zelda. Hopkins keeps making the right decision.

    There are 2 things we get from this that most smart money managers want:
    1- Exposure to the US
    2- More IP

    -Share dilution is not an issue as long as value increases. Now a stronger access to the US, + IP, + more talent in the team is a no brainer.
    -The timing is perfect for the new entity not Zelda, so clearly the company is thinking about what's best for the new entity not Zelda. Whilst it caps the value we get from our shares, that value will be realized by the new entity, so the results of Insomnia for example, will be priced in with a strong access to the US, instead of mostly an Australian pipeline.
    -Scrip vs cash. We couldn't do a cash offer, or even a part cash/share offer so that is the solution to keep growing, as long as strategically this is a good acquisition
    -We retain our shares, dual listed, we have limited disruption.

    Congrats to Richard and the team, a very good move. I think the new generation of this board is only getting started.

    We'll attack new all time highs fairly shortly in my opinion.

 
watchlist Created with Sketch. Add ZLD (ASX) to my watchlist
(20min delay)
Last
6.7¢
Change
-0.003(4.29%)
Mkt cap ! $53.11M
Open High Low Value Volume
7.1¢ 7.1¢ 6.6¢ $147.9K 2.204M

Buyers (Bids)

No. Vol. Price($)
4 239632 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 64563 1
View Market Depth
Last trade - 16.10pm 14/10/2019 (20 minute delay) ?
(live)
Last
6.7¢
  Change
-0.003 ( 3.04 %)
Open High Low Volume
7.0¢ 7.0¢ 6.5¢ 14126526
Last updated 15.59pm 14/10/2019 (live) ?
ZLD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.