GREY:XEBEQ - Post by User
Comment by
iiioiiion Sep 10, 2020 1:33am
164 Views
Post# 31531712
RE:Don't the webinars sound scripted
RE:Don't the webinars sound scripted
If I'm reading SEDI correctly (and that's a big if) then Kurt has 212,196 shares and 703,787 warrants personally with an additional 7,386,259 shares and 4,874,431 warrants held in trust. Prabhu has 400,000 shares and 2,308,193 options listed.
It has admittedly has been a while since I've checked Xebec's employment numbers but they were certainly lower than the 160 that they are currently.
Honestly, I was expecting a greater uptick after the recent aquisition of Applied Compression Systems. But in the long term I'm unphased that it didn't quite register in the share price given the location of ACS in the important B.C. market as well as its compressor design and manufacturing capabilities which will surely be a bonus going forward.
I am also hopeful that the next acquisition (in the next 60 days?) will be quite large and in the hydrogen space. But that's just my unbridled enthusiasm for the company talking with no hard evidence to back it up save for an overflowing war chest that does need to be put to good use sooner rather than later and hints dropped recently by Prabhu.
As for Kurt's retirement, I'd be surprised given his age (approx. 57; couldn't find an actual date) and long history with the company. Of course it's always a possibility but it just seems so unlikely that he would step down from the helm of a ship he worked so hard to build at such a critical time in its history.
These have been strange times and I can't help but feel that the recent whipsaw in share price since the last quarterly update is more an artifact of a jittery market than a faltering game plan on behalf of Xebec. But as always, I'm interested to hear your thoughts TT.
GLTA Longs.