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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

Post by ThePoweron Jun 28, 2021 10:42am
209 Views
Post# 33459461

So if this breaks from consolidation, insider dump?

So if this breaks from consolidation, insider dump?Still holding 50,000k shares and I completely understand patience as this grows its backlog and revenue, but this is getting depressing. I can't even blame the day traders or shorts, it's the company itself that is keeping the price down.

This isn't a FUD post, but we're back to that range. Massive bid wall at 0.50, while only a few asks at 0.51 and an ask wall at 0.52. The stock can't even break from this consolidation because the company itself will exercise cheap options and then just dump in the money. Or just dispose of 2 million shares in a cross trade that tanks the price. 

And I'm not even touching on the 3:59:59 seller that drives the price down every other day. 

DEPRESSING. Hopefully it will be all worth it in the end. 
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