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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

Comment by kingscorpionon Jul 29, 2024 6:00pm
216 Views
Post# 36153387

RE:RE:Private Placement

RE:RE:Private PlacementCEMX didn't need this cash because they already have 3 mil in the bank and with cashflow just shy of 8 mil. So for them to do this private placement for $6.6 mil I am betting either they are in talks to acquire or they are getting ready to acquire. So now they have 9.6 mil in cash That is .065c per share in cash. See bushman I told you all moving to the big board the s.p will come down for a little while before turning around to go up. But I think it will still be worthed!! Just remember Q2 results come out in about 2 weeks and the expectation is that it will be decent to good. I am expecting anywhere from .0001c to .01c profit per share 
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