Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.


TSXV:AXE - Post by User

Comment by JeffreySon Oct 21, 2022 2:36pm
147 Views
Post# 35039685

RE:RE:RE:RE:News…comments?

RE:RE:RE:RE:News…comments?Axe will likely be bought out when the international price of oil reaches $150 per share or higher as the large oil sands companies will then have plenty of cash on hand without effecting their paying off their loans, dividends and share buybacks. I estimate that happening around the year end 2023. Likely buyout price is between $1 billion and $2 billion valuation. Also, you overestimate the share dilution from the current priviate placement. $2 million canadian being raised at .27 Canadian per share equals an additional 7,407,000 shares directly and another 7,407,000 via exercise of the warrants. Approximately 15 million new shares being added not 100 million new shares. Total shares outstanding after the upcoming dilution would be 123 million shares outstanding. If company sells for $1.5 billion divided by 123 million then the value per share would be around $12 per share.

<< Previous
Bullboard Posts
Next >>