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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

Comment by Viking2233on Nov 12, 2023 1:17pm
145 Views
Post# 35730932

RE:RE:RE:RE:RE:Remember folks

RE:RE:RE:RE:RE:Remember folks Respectfully I disagree with you regarding dilution when we are sitting at $1.50 and any equity raise/bought deal  would be done at a 10-15% discount, which equated to about .20 cent discount which brings us to $1.30 and markets will knock it lower to $1.20.

The facts are we have lots irons in the fire regarding material news, some tied to revenue generating contracts.

We have two groups of warrants with .2.25 and 2.40 strike prices I believe which will generate $15-20M I believe.

Government grants are exactly that grants with no payments plus Government back loans might be tied to favourable interest rates.

2024 we should start to see revenue streams flowing in also.

The appropriate time for a raise is definitely going to be required down the road and if government funding and grants sre available I for one would be in favour of that. This gives us time to absord positive material news releases that impact share price higher. We can then do a equity raise at much higher valuation use some of tge funds to pay off any interest bearing loans and therefore have less dilution.

Just my two cents.


TeamEddie wrote: your reply would still not make sense I said dillution woul be the better option 

listen I understand you look at your position and you are down a great deal and you get defensive its ok, but maybe just maybe realize your advice and timing of entries does not make you the best person to take counsel from


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