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Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), Chicago based MixOnSite USA Inc. (MOS) and Bellingham based Pacific International Grout Company (PIGCO).


TSXV:CVX - Post by User

Comment by Capharnaumon Mar 08, 2022 5:49pm
50 Views
Post# 34497371

RE:RE:RE:RE:RE:Another 52 week low

RE:RE:RE:RE:RE:Another 52 week low
kingscorpion wrote: Somebody bought big at .225c Over 400k So maybe one of these directors If that's the case perhaps Cedar website should have it listed. Maybe Glavel people seeing all the good things happening to CVX may have done the purchase


At 22.5 cents, the market cap is $28M and they probably have cash around $20M right now. So the net value of the business is only $8M. There can't be too much additional downside. They could sell the assets and liquidate the business and return more than the current market cap to shareholders.
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