RE: CIZ Market cap is undervalued22 Dec 2021 11:33
Just reiterating that it is undervalued in my view, it has dropped a long way from 10p IPO and 5p Seed money on low volume caused by a lack of promotion but a causal read of the last 6 months RNS will show that the company are achieving and are moving solidly in the right direction.
Market cap £7 million is too low
*Cash last call £1.43m. (I estimate around 900k left and given very low burn rate this should take us to end of 2022)
*SGSC : UK commercial deal (amount incoming unknown) and royalty deal (up to £5m.)
*CHINA: (MoU) with 2 partners for the development, supply and commercialisation ( supply and royalties being negotiated)
* FairJourney: collaboration deal with FairJourney Biologics (FJB) for the development and supply (being negotiated)
* Grants, rebates, credits, etc to come
* more deals, partnerships and collaborations to come all adding value.
* IR has said that all deals with SGS remain in place and they hope to have something positive to share re agreements in due course.
When we consider the one off costs now done, the low burn rate, the news flow, the deals, existing partnerships and new ones, China and huge potential the products have then then current cap is very cheap. I will stick my neck out and say this will have a great 2022.