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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > Quiet for a bit? Maybe
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Post by tamaracktop on Dec 09, 2022 10:28am

Quiet for a bit? Maybe

The market knows that there is no news in the near future. They company can't release news during a tfinancing and the deal doesn't close till December 22. On the other hand, the market is proactive and moves before news. Maybe Sue is planning a nice Christmas present
Comment by Danno13 on Dec 09, 2022 10:41am
I agree. DEC.23rd seems like a logical day for a news release.
Comment by tamaracktop on Dec 09, 2022 10:50am
Personally, I think that when they announce the closing, it's a given that they'll add that the underwriter has exercised the full overa-allotment option. $17 million. 
Comment by filoux004 on Dec 09, 2022 11:01am
Question what qualification do you have to evaluate the merits of EXRO IP. Let me help you I HAVE NONE. GlTA long a small position as a speculation that this is tech breakthrough. But last time I checked electric motors I've been around for 100 years and apparently there is a lot of grey matter at Mercedes, Kia and Tesla. Go Exro Go.
Comment by thefourth on Dec 09, 2022 1:48pm
Your comment on news releases before before financing closure was something I hadn't considered in my own outlook.  The timing is all very curious and seems to be quite coincidental with the last days of tax loss selling season. I always thought that the market expectation Sue has generated with her comments about a big announcement before year end was in some small measure a strategy ...more  
Comment by Wriggles on Dec 09, 2022 3:52pm
WRT releasing news.  Are you sure about that?  This is not an IPO. My understanding is that material news must be released as soon as practical.  If you have a reference, I would appreciate seeing it.   From the webinar, EXRO is hosting potential customers this week and could announce a new partner within days.   
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