FormerXBC Inc XEBEQ

Antibe's timeline

[tamaracktop]

Many here own Antibe. That is very clear. It's interesting to look at the timeline of events in the last 2 weeks as they affected Antibe stock. It may give us some insight as to how Xebec will react to uplisting news.
   Antibe is on my watchlist, although I only have a limited familiarity with the company. Nevertheless, without going in to details, let's look what has happened to the stock in the last 2 weeks.
   After reaching a high of .89 in late May on excitement over the potential commercialization of ATB-346, in the absence of any galvanizing news, Antibe slowly faded to much lower levels over the course of several months, and closed on October 29th at 32 cents on 83,000 shares.
     On October 30th, Antibe announced recieiving conditional approval to trade on the TSE. The stock traded 394,000 shares that day, and closed 6.5% higher at .34, having traded as much as 13% higher at one point during the day.
      11 days later, yesterday, after announcing formal approval, Antibe rose 8.45% to .385 on 456,000 shares, the biggest volume in well over a month.
     This is the point. In the abscence of  any other news, in the last 12 days Antibe stock has risen 20% after announcing conditional and then announcing formal approval to uplist.
      Weeks ago, I suggested that uplisting news "would add a point to Xebec in short order". The fact is, it will likely add even more than that. The uplisting will make Xebec marginable, whereas Antibe's uplisting will not.

[GGreen]

Thanks for your comment on ATE. It will be interesting to see how both respond to uplisting. Actually I would add a third to make it interesting... PYR. All announced uplisting and all in slightly different stages of development / commercialization. Here's how I would categorize them: XBC - furtherest along in terms of commercialization / growth / revenue. The stock can stand on its own and

[tamaracktop]

Notice Antibe today? Up yet another 5% today on even greater volume. It will commence trading on Toronto today. Antibe had been dropping steadily for 5 months. Since it announce conditional approval 13 days ago, and then formal approval 2 days ago, and in the absence of any other news whatsoever, it has risen 30% on volume. Risen 30% from being completely dead in the water, and over a period of

[tamaracktop]

The analysts covering Xebec , sitting in their little offices wearing out the erasers on their pencils, they don't even take these things into account. They work in multiples. Look at Plug yesterday. Up $3 to new all time highs on 60 million shares. Up 15% yesterday. Plug is worth $10 billion today. It has no multiples, because it has no earnings. It won't have earnings next year either

[tamaracktop]

Check that. It was largely from memory but nevertheless very close. I just double checked the numbers. Both Plug and Xebec issued revised revenue guidance for 2020 on Tuesday. If Xebecs revenues come in at the low end ( $70 million ), then Xebec is trading today at 8 X this year's revenues. If Plug comes in at the high end ( $330 million ), then Plug is trading at 29 X revenues.

[tamaracktop]

They say if you wake in the night and can't fall back asleep within 15 minutes, get up and do something. Posting obviously isn't something I should do. ...If Xebec comes in at the top end of guidance, it is trading at 7 X current revs versus Plug at 29 times. There can obviously be no comparison between apples and origins, my point was to describe the narrow scope of analysts perspectives.

[tamaracktop]

[tamaracktop]

This is not a guess. It's a fact. The news is coming, and when it does, you will see. Absolutely no question.