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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 TopStockBuyon Aug 13, 2021 1:49pm
135 Views
Post# 33701479

Lower Volume

Lower VolumeLower volume today.  My guess is the NR spooked the remaining warrant holders and they dumped to cash in on whatever they could get.  The positive is that puts more free cash in the coffers.  Not a big fan of the amount of warrants (or the trigger price), but they've only raised money twice is my understanding, so going forward I don't expect them to raise any more money.  They have enough to make the two acquisitions and expand their existing business.  
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