GREY:XEBEQ - Post by User
Comment by
Newtrader1982on Jun 16, 2021 12:33pm
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Post# 33395644
RE:RE:Greenlane
RE:RE:Greenlane
First off I don't think xebec is going bankrupt and I don't believe that I have ever said that. Second my concerns are valid just because you dismiss them doesn't make your opinion any more valid than mine. If they run out of cash the will have to raise it somewhere and my guess will be to dilute current shareholders. Seeing how they didn't even come close to last years guidance and had to lower it not once but twice. On top of that a miss on q1 of this year I don't see how I am being unfair in saying there is a good chance they won't hit guidance numbers no matter what they are saying. The overpaying on tiger was just a personal observation they very well paid a fair price but I would say more than 10 times profit is too much but I also don't know if they have cash as well so maybe it's more than fair what they paid. You don't have to agree with my assessment but to just outright dismiss it when the company has not met expectations sounds like you just have rose coloured glasses on and xebec can do no wrong.