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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by kingscorpionon Jul 18, 2024 1:06am
307 Views
Post# 36137814

The reason I think

The reason I thinkBushman check your PM.

So any of you guys remember what CEMX done recently? They increased their revolving credit line from $3 mil to $8 mil They have cash and cash equivalents of up to $8mil  plus this out of no where ,not needed, the $3.5 mil bought deal for a total of $19.5 mil cash at their disposal. 

For what when they don't the need cash. What I think is the company may be in  midst of acquiring a company So based on this amount it will be a company worth up to $14 to $16 mil. Perhaps up to the whole of $19.5 mil 
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