Post by
jboom70 on Feb 17, 2024 4:11pm
Nobody Wondering?
Why we just recieved two e-mails one defending the deal and the other coming up short on the raise.
I was thinking they were going for a NR blackout period but I guess that's not the case, and that raises a whole lot more questions.
Cert? No other sales? kinda means nothing new, at least on the Exro front.
Comment by
TeamEddie on Feb 17, 2024 9:54pm
what do you mean short on the raise they raised the $30 million as per their plan?
Comment by
jboom70 on Feb 17, 2024 10:08pm
The 21 mil extra. Yes they have till the deal is signed but usually these things happen together. To me it shows lack of interest otherwise both would have closed together. Doesn't help you can have your fill under .95 as it is.
Comment by
TeamEddie on Feb 17, 2024 10:14pm
debt financing through arrangements by SEA from a Canadian pension fund manager (the "Debt Investor"). its debt at what rate we will sea lol
Comment by
jboom70 on Feb 18, 2024 8:31am
Sucks knowing a company so well and not being able to play it. I just keep watching and eating popcorn. Like I originally layed out last year, if they waited to do financing which they did, it would land them in a seasonally weak time period with a low SP. We could see a broadening of markets here but more of a chance we get a decent pullback into March. Exro won't be immune to the decline.