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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > An early morning gift
View:
Post by ddogold on Aug 24, 2022 9:46am

An early morning gift

Loaded up in my trading account at the open . Solid volume as well . Glta
Comment by John4434 on Aug 24, 2022 10:04am
If we are to think big news is soon to be announced, I'd like to see some insider buying
Comment by SSeahawk053 on Aug 24, 2022 11:14am
They should be buying with the HUGE salaries that take out!!!
Comment by Valueguy13 on Aug 24, 2022 11:24am
Agree. Their salaries are ludicrous for a start up company with no revenue. 
Comment by SSeahawk053 on Aug 24, 2022 11:36am
This is one group of management that appears to be content with being rewarded stock options and always content to pay themselves a yearly increase on Salary..."but never seem to be aggressive  in the market in buying their own stock. Werte always told that they are in a Blackout period' I guess we fell for that line for the last 3 years! You do know that this financing gives ...more  
Comment by SIMPLICITI1 on Aug 24, 2022 11:51am
Please explain the logic behind your last 2 statements. I have been in this stock for a while and do not recall any correspondence with management regarding the effect of blackout periods and their stock purchases.... Nor do I understand the logic leap regarding the financing and options..... Thanks in advance 
Comment by SSeahawk053 on Aug 24, 2022 12:02pm
Do you not agree that the salaries are high (they increase each year) (start-up) When granting stock options you can only work with what's available on the capitalization. So based on the completion of the PP and what may be happening in an over-allotment situation they will then have the ability to work with 10% more shares available to grant. Have you seen management step up to the plate to ...more  
Comment by SSeahawk053 on Aug 24, 2022 12:22pm
What would give me "some" comfort is to see management step up to the plate and participate in this PP round. ...and I don't mean a little token amount of 20 or 25 thousand shares either. I've yet to see it happen.
Comment by SIMPLICITI1 on Aug 24, 2022 12:31pm
Perhaps you would be good enough to share your correspondence with management on that subject. Would love to see the dates on that to see if they correspond with  real Blackout periods which as you know are required. prior to announcements (including financings). According to the information available (even on this website) there have been 15 insider buys and zero sells in the last 12 months ...more  
Comment by SSeahawk053 on Aug 24, 2022 2:42pm
I have lots of points, and my first point is that you are out to lunch! Share my correspondence???  What are you a novice?  Who does that in writing these days? If you look at the recent insider reports you will see 1,150,000 Stock Options granted and a total of a whopping 42,000 shares purchased in the market. You will likely dig deeper and find a few other bought in the market trades ...more  
Comment by uggg on Aug 24, 2022 3:56pm
"the end of the day what management bucks up for!" I would add that it would be interesting to see What if any Linamar bucks up for as that would show how much conviction they have in the product.
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