Post by
classicact on May 13, 2022 9:55am
Looks a lot to me like XBC is
already working its way to a financing number which is looking like it may be in $1.00 to $1.10 range.
They may NOT need it now but a few more quarters with losses and they will.
Should have considered financing at $1.75 ish. imo
Comment by
Resilience19 on May 13, 2022 10:09am
Well, if XBC does go for financing (at some point) and that it's combined with warrants, I'll likely go all in with the warrants; remembering that when it was trading in this range (summer/autumn 2019) warrants were trading in the 0.16-0.20 range. By June '20 those warrants were trading at $2+.... Not saying that things would play out the same way but...
Comment by
Possibleidiot01 on May 13, 2022 12:33pm
Don't rule out various Quebec entities - Caisse de Depot. Investissement quebec etc etc.
Comment by
Motownwing on May 13, 2022 12:41pm
CDPQ invested over 100 M$ in a bought deal at 5.80$ back in Dec 2020. Not sure that they will have a lot of appetite to invest more... If they do, they will dictate conditions that will likely not be favorable at all for the rest of the shareholders. JIMO GLTA
Comment by
AlexDonovan on May 13, 2022 10:37am
Should have considered financing at $11. At this rate they'll be raising at $0.50 or lower.
Comment by
filoux004 on May 13, 2022 10:39am
Sadly the shorts are in control and will dictated the pricing. Peace
Comment by
AlexDonovan on May 13, 2022 10:41am
Maybe the shorts are right and this is just a trash company that can't make money?
Comment by
Kronyboy on May 13, 2022 10:46am
No, it's simply the short 'darling' for a handful of market movers. Makes sense considering the lack of buyers. I am continuing to load up, full disclosure.