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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 RangerBuckon Oct 23, 2024 5:05pm
206 Views
Post# 36279251

RE:I'm curious what the average shareholders cost is

RE:I'm curious what the average shareholders cost is
 
Beret 
 
Here's our story in a nutshell , not an average shareholder I don't believe 

Having the investment in several personal accounts , we ( investment group )  decided to take the loss earlier in the year and lower our risk exposure in Exro by disposing of shares in the margined portfolio. Using the funds to pay down margin funds borrowed. Consider it was a risk management and housekeeping transaction. The transactions also played into early tax loss harvesting against realized gains in our overall diversified portfolio.

The disposition is beyond the 30 day time for re-purchasing but have no plans to repurchase Exro , even at these levels , Until there is Proof of BLOW-OUT Earnings. 
 Don't recall any of the particulars of the transactions. 
We are nimble but don't see a compelling reason to own any more of the stock than we already own .  

Today last but not least , we are still exposed and holding a swack of warrants expiring worthless on Feb4th 2025 , unless there is a re-price or time extension made by the company.  We shake our heads but accept those are the risks with options/ warrants should they expire worthless. 

 
Beret 
 
Here's our story in a nutshell , not an average shareholder I don't believe 
Having the investment in several personal accounts , we ( investment group )  decided to take the loss earlier and lower our risk exposure in Exro by disposing of shares in the margined portfolio and pay down margin funds borrowed. Consider it was a risk management transaction. The transactions also played into early tax loss harvesting against realized gains in our overall diversified portfolio. The disposition is passed the 30 day time for re-purchasing but have no plans to repurchase Exro , even at these levels , Until there is Proof of BLOW-OUT Earnings.   Don't recall any of the particulars of the transactions.  Again , we are nimble but don't see a compelling reason to re-enter at this time.   
Today last but not least , we are still exposed and holding a swack of warrants expiring worthless on Feb4th 2025 , unless there is a re-price or time extension made by the company.  We shake our heads but those are the risks with options/ warrants should they expire worthless. 
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