GREY:XEBEQ - Post by User
Comment by
Canoutchieon Feb 22, 2021 6:49pm
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Post# 32632859
RE:RE:RE:RE:RE:Will we see sub $8?
RE:RE:RE:RE:RE:Will we see sub $8?LongoGlueStick wrote: I have a large portfolio so even if Xebec were to go to $0 it wouldn't affect me in the least.
And Xebec will not go to $0. I have a feeling that someone will take a run a Xebec this year and offer to buy it out, and I don't want to be in a position to miss that opportunity.
I have been tempted to add to my position but I have not at this point, but it is sure very tempting.
I suspect that Xebec is less of a takeover candidate than some might expect, partly because this is a Quebec company with a Quebec head office and heavy investment from both the Caisse de Depot and the provincial Quebec government. Quebec likes to keep its companies within the province.
If anything, Greenlane is probably a more likely takeover candidate because it is a bit smaller, yet still with a significant backlog; and there'd probably be less pushback from the BC provincial gov't towards any proposed takeover.