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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Bullboard Posts
Comment by fogduckkeron Feb 19, 2020 6:42pm
52 Views
Post# 30710549

RE:RE:RE:RE:trust me i am long and it is a fund raise

RE:RE:RE:RE:trust me i am long and it is a fund raiseStocks can be halted for financing. Both XBC and GRN had recent financing. GRN also had wts outstanding at the time that were in the money. 
A financing can be either a negative or a positive. Both the XBC and GRN financing were done at really great terms. The underwriters were very confident in making money off the wts attached. On the other hand if the financing get viewed as being done from a weaker hand then the sp can suffer.
If CVX trades up even a quarter percentage wise over the next three weeks as XBC and GRN did after the financing we will all be happy campers - cept for those short.


Bullboard Posts