RE:RE:RE:RE:Beacon Secrities- cantechletter.com + canaccord I've invested in many companies over the years and seldom have I mistimed buying in by so far . I didn't buy in when they did multiple secondary offering a few years and all I can say is my first purchase seemed like a reasonable buy at the time ; so did my second.
I can't believe the current price but trading seems relatively active and steady so I'm not inclined to bite . Good luck to those that do . Victory goes to the bold.
The third quarter showed us with $10. 5 million before the recent secondary sale ; you can see why they wanted a cushion for protection.
With EBITDA projected for breakeven at the end of FY 2023 and the fact the market looks 6 to 9 months and with tax loss selling ( BLN is probably showing signs right now) , I just don't see much sunshine until the New Year .