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Bullboard - Stock Discussion Forum 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... see more

TSX:CEMX - Post Discussion

CEMATRIX Corp > The private placent
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Post by kingscorpion on Jan 18, 2022 6:32pm

The private placent

For those of you who are new. The private placement done at .65c has a strike price of .81c So this means in year and bit from now when these warrants come to maturity the s.p HAS TO go over .81c to facilitate these warrants. So if these institutions want their millions they have to eventually push the s.p well above .81c in order to cash out. So if you are buying at these levels that will be a return of over 200%.
Comment by tony08 on Jan 18, 2022 9:48pm
Good post Kingscorpion......Good to remind us about that private placement. This alone is enought to keep our motivation alive :)
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