Exro Technologies Inc T.EXRO

RE:RE:Target is $2.40 -$2.80

[AlwaysLong683]

lovingu wrote: Thanks I have an average of $2.03 and am adding more in this area if I can add the same amount at $1.45 max my average will be $1.74 but I still expect the NASDAQ listing at $4 to happen so over a double

Some in here are expecting a NASDAQ listing at 4.00 (US).

Questions:

1) Exactly how do you believe EXRO will go from 1.37 CDN to 4.00 US?

At the current exchange rate of 1.00 CDN = 0.79 US, EXRO would have to trade at 5.08 CDN to equate to 4.00 US. In other words, EXRO would have to pull off a 271% gain from its current price of 1.37 CDN. Exactly what will occur to make this a reality, and how long will it take to reach this share price?

2) Another way of achieving a price of 4.00 US is to do a 1:4 share consolidation which, all else being equal, would boost the share price to 5.48. However, historically, most companies that do a share consolidation see their new (higher) share price decline post-consolidation as the market typically responds negatively to share consolidations.

3) The NASDAQ has other requirements besides share price that go into determining whether a company gets listed on its exchange. Will EXRO meet these other requirements as well?

4) Even if EXRO does manage to get listed on the NASDAQ at some point, they will likely be a very obscure company with little initial analyst coverage or investor interest, so don't expect the share price to shoot up in the weeks that follow any NASDAQ listing.