NanoXplore Inc T.GRA

Price validation

[savyinvestor333]

This 40 million bought deal at $4.00 a share effectively puts a good valuation of the shares in the current timeframe. If the institutions did not think the company was worth this amount they would not be stepping up to the plate with such a large offering.

[DrJayser]

Tell that to jimmythewanker!

[JimmyBly1]

Supposelly those guys, big private investors and institutional investors (playing with taxpayers money) know what they are doing because they did good in the past... right. So why 90% of the time aircraft accidents are human factors? Crew was qualified, trained, up to and did very good operations thousand of times before... making a final and fatal mistake. As for giving a company example showing

[smallcaps2grow]

I agree, iInstitutions are not a proxy long term, but ok short term as they probably can buy more to suoort stock. Martinrea buying is the mid long term proxy as they are insiders and co-developer. As for human error and aircrafts, im at  a lost here

[JimmyBly1]

I was replying to savyinvestor that one data point does not make a pattern nor a trend. Flight crews make mistakes just like experienced investors. No real pattern. Regards, JimmyB

[savyinvestor333]

JimmyBly1 you asked for contructive comments and I gave a perfect example of a  real life similar situation. You replied back with a hypothetical what if. I rest my case. 

[JimmyBly1]

Ok but it does not prove anything. That case worked out well while plenty of similar ones failed for 1 or many reasons (mostly probably specific to them) and so whats tbe obvious conclusion? Nothing. JimmyB

[Will101]

I do think a couple  of years ago the CEO did a 5 millions$ secondary at about a 1.60$....it was when Martinrea bought the shares of Mason Graphite or about that time.

[3boysandwife]

Is the issue for you that the ceo sold shares or that they raised funds? 1. It's likely the investment banks have been pitching them for weeks/months. A bot deal is better than a marketed deal and shows the firms had buyers lined up and believing in the future prospects the company. 2. The funds will likely be for expansion purposes and testing the EV battery concept which makes sense. Why