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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | EXROF

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... see more

TSX:EXRO - Post Discussion

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Post by Bookworm28 on Feb 03, 2022 2:21pm

$1.36?

$1.36 at the moment. Has anyone talked to the Co. today? Anyone have Sue's email address? I see Nasdaq and the techs are taking a beating, but can't believe Exro is down this much. So much for the short squeeze idea I was hoping to see. At least at these prices.

Average down, bail, or wait for some big news?
Comment by jboom70 on Feb 03, 2022 2:50pm
No buyers today until we hear the bought deal is money in the bank. The game players are taking full advantage of that today. Sucks
Comment by v1pro on Feb 03, 2022 3:37pm
Really ? Going to be a lot of unhappy buyers at 1.60 if the share price is at 1.36 when the deal closes! 
Comment by jboom70 on Feb 03, 2022 3:43pm
You know what a bought deal is, right ?  Doesn't need to sell out to close.
Comment by Bookworm28 on Feb 03, 2022 3:55pm
I've seen a lot of deals done at higher than market price. I'm sure you have too. If it remains oversubscribed, which apparently it is, the underwriters obviously have more confidence that many of us retail investors. I hope they're right. We need some concrete positive news, to seal the deal.
Comment by John4434 on Feb 03, 2022 4:33pm
I talked to them today and they said a conference call should be set up for next week. We will see? The financing should close tomorrow. The spokesman seemed pretty relaxed considering the stock is tanking. 
Comment by Moemoney42 on Feb 03, 2022 4:46pm
Yeah.. probably doesn't own any shares.. LOL..
Comment by jboom70 on Feb 03, 2022 5:03pm
This was IR? who were you talking with?
Comment by Bookworm28 on Feb 03, 2022 11:32pm
Pretty relaxed eh? Closing the financing at $1.60 might be a reason. I didn't think there'd be a problem, but you never know. Maybe some news out next week? I'd be surprised if they don't come out with something, now that the underwriters are loaded up with cheap stock. Just watch. Seen it a million times.
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