RE:Bottom line Future financing is a given but EXRO will have various options other then bought deals. You have both Canada and US governments handing out cash specifically to the sectors they operate in, banks will looking to provide lines of credit and loans to their sector as part of their contributions to going green and positive optics.
Exro struck when the iron is hot, raising capital in the current markets with bank failures, higher inflation, threat of recession is difficult at best and the shortbterm pain hear will dissipate in time. This is a buying opportunity for those sitting on the sidelines or those with additional cash to deploy.
There are also many investors who jumped in in September to November ladt year fat .60 cents to $1.25 and are locking in profits. This has caused new capital to flow in and created a new floor with stronger hands who will hold much longer.
filoux004 wrote: Bottom line assuming their IP/technology has merits it is a quality manufacturing capacity challenge which will require Several rounds of financing in the years to come. The Stock price appreciation will be a long long road ahead. Long with very subdued return expectations. DD and glta . Go Heat Go.