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Lexaria Bioscience Corp LEXX

Alternate Symbol(s):  LEXXW

Lexaria Bioscience Corp. is a Canada-based biotechnology company. The Company is engaged in pursuing the enhancement of the bioavailability of a diverse and a range of active pharmaceutical ingredients (API) using DehydraTECH, its patented proprietary drug delivery technology. The Company’s patented drug delivery technology, DehydraTECH, is designed to improve the way active molecules enter the bloodstream upon oral ingestion. DehydraTECH has also demonstrated enhanced delivery of certain active molecules into brain tissue. The Company has also developed DehydraTECH formulations for other applications demonstrating bio-absorption when administered intraorally and topically. It operates through two segments: Intellectual Property and Products. It also operates a licensed in-house research laboratory and holds an intellectual property portfolio with 35 patents granted and many patents pending worldwide. Its subsidiaries include Lexaria CanPharm ULC, and Lexaria CanPharm Holdings Corp.


NDAQ:LEXX - Post by User

Post by Golddetectoron Mar 25, 2021 6:46pm
234 Views
Post# 32883354

Things do not add up

Things do not add upWe have lexxw traded at 2.45 when we have the sp is 5.4. So ppl who buy lexxw expect the sp to go more than 5.85+2.45 = 8.3 usd to break even. So these guys are expecting more than 10 usd sp to make money here. Also Sp went down much more than the w. So things does not add up. I think most likely this happen because of the large pp raised recently. Anyway I think most of the paper recently issued already sold out and we are in the middle of correction imo.
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