Stockchase Opinions

Bruce Murray Chromos Molecular Systems Inc. CHR-T Unlisted BUY Jul 13, 2016

(Market Call Minute) They love it. The company is not responsible for any of the variable costs.

$0.040

Stock price when the opinion was issued

biotechnology pharmaceutical
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HOLD
Good technology which should win Nobel prizes 5/10 years. Running out of cash. The big question is; will they survive.
BUY

Likes the story. They’ve switched their contract and he feels the company came out very well in the negotiations. They moved from a spread over costs which Air Canada (AC-T) used to pay, to a fixed price contract, which is very good for this company. Over the duration of the 10 years that the contract was reset for, the dividend is sustainable.