If Kerx is up. basically because of the drug they are partnering with AEZS, why aren't we up too?
you and bio whatever should not be investing...AEZS is down because of dilution! it means more share out and the shares you own less valuable so the price goes down.As far as the money goes the company saying that its using the money to develop the other drugs in its pipeline. The differents between KERX and AEZS is management!AEZS is slowly gonna sink to around a 1 then pop back up to 1.20 ish...watch it happen
It's the Canadien way,I guess!
I'm invested in both AEZS and KERX, and really with I put that AEZS money into KERX instead.
Dilution but it means nothing. My concern is that I thought Kerx was footing the bill for the cancer drug they are both working on, and now they issue more shares for money to fund the work on the cancer drug. Explanation?
I believe thay are footing the bill for the US clinical trial. AEZS has a licensing agreement with them.