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Bullboard - Stock Discussion Forum NEXE Innovations Inc NEXNF


Primary Symbol: V.NEXE

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product... see more

TSXV:NEXE - Post Discussion

NEXE Innovations Inc > $34.5 million bought deal oversubscribed
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Post by Dunworkin2 on Apr 09, 2021 3:04pm

$34.5 million bought deal oversubscribed

https://www.newswire.ca/news-releases/nexe-innovations-inc-closes-c-34-5-million-bought-deal-including-full-exercise-of-over-allotment-option-853025334.html
Comment by silkos on Apr 09, 2021 3:24pm
Anything can happen at this point. Resistance point crossed below 1.85. This has been a fallen knife for a while, now will the downtrade continue? Looks like it. All investors are in a hole now. But the management which will get a raise for sure.
Comment by sledig on Apr 09, 2021 3:51pm
Definitely games being playing, this bought deal should have been done at higher levels. I'm just recently in thinking there was a financing coming but 2 bucks, too low in my view. Will top up in a bit see we're this settles. Gl
Comment by silkos on Apr 09, 2021 9:07pm
Why would anyone buy more? Makes no sense at this level. Let her drop about 15-20% then maybe it's time to make a move. Now it's un uncharted teritory ... it can go all the way down. You recall the pilot when they sold out. A great success story. Is it? They did not say how much they sold though, how much inventory they had ... makes you wonder? I am invested in this stock and I am ...more  
Comment by sledig on Apr 10, 2021 11:04am
Agreed, insiders were buying in 3 dollar range. Right back were we started. Total bs.
Comment by silkos on Apr 10, 2021 2:49pm
If Management would have bought 1+ mil worth of stock yeah maybe. An ivestment of 10k is BS. It's all smoke. Hold your horses and wait for bigger moves ... let the market do what it does ... the market is always right!
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