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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by tamaracktopon Aug 14, 2023 11:33am
206 Views
Post# 35587057

The proof is in the pudding

The proof is in the pudding Now only 30,000 shares short of the 50-day avg volume with 140,000 traded by 11:28.

Looks like a bit of institutional buying going on.

The 50-day avg volume is 172,000.

If it breaks that soon, and if volume remains steady, it's very likely news is imminent. 

And if volume actually accelerates, rather than dying off as has been the habit of late, you can be sure of it.

500 k or more would attract attention, however unlikely that seems right now.
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