GREY:XEBEQ - Post by User
Comment by
AlwaysLong683on Jun 17, 2022 12:50am
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Post# 34763483
RE:Talk about dilution!
RE:Talk about dilution!tamaracktop wrote: Cielo plans to raise $8.5 million by selling 121 million units of shares and warrants exercisable at 9 cents for 7 cents per unit.... Yikes. They'll have close to a billion shares outstanding.
tamarack, no offense intended, but if you have to resort to comparing XBC to CMC in an effort to make the pounding XBC has taken over the past 12 months appear "not so bad", that doesn't say much at all. So XBC has performed better than the worst-performing clean tech / renewables company you can find? That's a very low bar indeed.....