Exro Technologies Inc T.EXRO

Still behaving BADLY

[BSdetector2016]

Down 5.3% this morning. Management has to do better.

[SIMPLICITI1]

And what would you have management do exactly?

[Moemoney42]

Do a finacing that was "favorable" to the shareholders would be a good start.. NOT at the bottom when they knew all along they were planning to do one.. heck they still had 15 million in the bank at the time of this last financing.. why at the very bottom strike the deal..!

[Joseisok]

      Red Flag, companies do equity financings before stocks go down not up.

[Sarkazoo]

Wrong, there are multiple ways to perseve a financing/bought deal. FYI, in 2020 Exro completed 3 rounds of financing which lead to a shareprice appreciation of over 2000%. The money was put to good use in developing/commercializing the coildriver/BMS, owning/leasing new facilites for production/R&D, attracting talented employees and well connected board members. The pain in financing only

[AlwaysLong683]

Sarkzaoo, I don't think anyone is arguing EXRO didn't need the money or should not have done the financing, it's the fact that they seemed to wait too long to do the financing and apparently got caught being forced to do one right after a lawsuit was filed agains them and the share price tanked. I think technological prowess and financial prowess are two different things. Perhaps the

[jboom70]

They had a runway of 8-9 months. I think a lot of this is just bad timing. Market downturn, interest rates rising and this lawsuit. Sue only diluted what she had to to get them to revenue. Should they have done it last Nov, sure but hindsight is 20/20. If she waited longer then the sp would be a gamble and what if money dried up? Then what? What if she thought this would set a bottom and stop the

[John4434]

That I should not my concern. My concern says, are they able to become a company or are they going broke. Is the coil driver desired? Does the market have need or use of it, can they sell it? As of today, no they can not.

[Bookworm28]

I think the market sees a use for their coil driver, otherwise why would Linamar and their other partners be evaluating/testing/refining the product with them? https://www.exro.com/about/partners