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BioExx Specialty Proteins Ltd BIXZF

"Bioexx Specialty Proteins Inc is engaged in the development and commercialization of processing technologies, for use in the extracting various active ingredients from organic and inorganic materials. The company's primary focus is on the production of proteins from canola and other oilseed feedstocks. Its products include Isolexx, a protein isolate for use in bakery products, meat products, vegetarian food products and meat analogues, and nutritional and protein bars, drinks, and supplements;


GREY:BIXZF - Post by User

Post by dwruddock07on Mar 07, 2012 7:36am
241 Views
Post# 19637023

Timing

Timing

  I posted, just before the last NR, that the Timing of this NR is going to be the problem.  It's just too close to the release of the Q4 YE financials.  With those coming out, the market reaction to the NR would just not be the same as the last two NR's.  

  But, that's OK, once the Q4 financials are out (assuming they don't reveal something unexpected).  The SP will rebound slowly and get back to .30, maybe a bit more.  I don't think we will see anything higher than that until the GEA study is complete, then maybe another .10 and then level off again somewhere at or under the .40 mark until there is some development on a JV or buyout, then it goes where the negotiation takes it.  

  1320racing, you worded it correctly, the market has heard "wolf" a few too many times.  A decision next month to run the plant for at least 4 days a week to fill some orders and generate some income would help a lot, IMO.  I would like to see that happen, it probably won't. 

  Look at it this way, it will give us time to scrounge up spare change and average down.  What a great trading strategy, LOL.  

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