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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > Part 2?
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Post by catchascatchcanon Feb 03, 2021 3:05pm
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Post# 32460819

Part 2?

Part 2?It's a bit curious that we haven't yet learned of the second portion of the 2 part acquisition that was previously announced.  I would have anticipated news in January, but I suppose the closing may have needed some further ironing.  At any rate, we can be sure that it's 'any day now' PR that will be accretive.  Based on current price action and volume, we may need some tangible news to find our footing.  That said I'd happily trade sideways and further establish our base at these levels, only to pick up on more substantial news in the coming months.  Management has definitely earned some breathing room.
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