GREY:XEBEQ - Post by User
Comment by
Ciaoon Mar 17, 2022 1:54pm
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Post# 34522614
RE:RE SHORT POSITION
RE:RE SHORT POSITION This valuation short made no sense as it continued to add another 1.5M shares (from mid Jan to end of Feb) on the TSX side when the share price was below book value of $2.
The business has improved significantly over the past 2Qs, what's the game plan to cover? Were they betting on a financing below $2?
Collectively on both XBC/XEBEF, with a short position of 10M shares now, what are they thinking now?
DueDiligence20 wrote: https://fintel.io/ss/ca
Xebec is the 11th most shorted stock in Canada.