RE:RE:RE:Significantly Undervalued and Strong BuyHey Ankle, you're right about the others doing their own DD on their investments but I feel bad for them all the same so I'll just throw some rationale out there for them.
The last 2 financings were done largely to funds managed by managers wayyyyy smarter than myself so I get some comfort in the fact the 1St financing was for $12mm of smart money but I take even greater comfort the 2nd partial over alottment was closed when the share price was below the price of the financing. That tells me these smart fund managers are taking a longer view on their investment as we should all be doing.
I'm thinking we're currently heading into the soft, slow, tax selling period before Christmas so the price is what it is but also, lets see what happens Jan, Feb 2022 when funds get new RRSP, TFSA money in and have to place that new money. That is when XORTX should be promoting the company resulting in a higher share price!
Patience my friends. I've purchased some more at these lower prices because I could and should!
Thanks Ankle