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Bullboard - Stock Discussion Forum Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  XTRAF | T.XTRA.WT

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > AI School security article...
View:
Post by Davinator on Oct 30, 2024 12:22pm

AI School security article...

Stolen from a poster on CEO.ca (full disclosure).  Part way down the article mentions a private equity firm that is specfically looking to acquire companies in the school security space.  God damn I don't wanna get bought for $3 or something!  I want a 10-bagger and if ever we all had a chance to have one, it's with XTRA.  But again, Eight Capital today selling 500 shares at a time and stifling a decent NR this morning.  Why is the company that has us pegged for $1.30 and acted as Agent for our last funding in April selling us and dragging our price down the last two days???  Honestly, somebody please answer this question for me?

https://finance.yahoo.com/news/ai-powered-gun-scanners-draw-110000422.html?guccounter=1&guce_referrer=aHR0cHM6Ly9jZW8uY2Ev&guce_referrer_sig=AQAAAKaMpKBp1diP6e88r7uE3dnH_Tsm0YUWZ61UGbbNYgE2kPuhxh_7FNviaMttj0de-QMFwG-VPqtngf1-I1qWPkxNNsnNGWzS_YDMLMC15IMicv0nwQ52hCqKFRMGOvGPv0_Rj0V00w_nosrpKd7foUqlCGa_OWa5poXU-FdCp3-T
Comment by FrozenInOntario on Oct 30, 2024 1:24pm
Out of curiosity, how do you value the company ?  A $3/share offer would imply a 900 M market cap after warrants and option dilution.  Do you think this company is worth more than this right now ?   And if you were to swap your shares for warrants, you would be making close to a 10 bagger at $3.   No idea what is your cost basis. GLTA
Comment by Revenant on Oct 30, 2024 1:26pm
@Davinator- kinda looks like they are providing a sufficiently high estimate of true share price ($1.30) to confirm Xtract is undervalued , while at the same time, they suppress the SP so that Xtract will never be able to achieve it. I could be way off, but it looks like they are trying to engineer a favourable environment for a buyout.
Comment by Baxbax on Oct 30, 2024 1:42pm
As we dont have institutional money invested we probably wont get an comment on this. This double agent action looks bad. Especially frustrating as mgmt is taking a high ground on buz side. Cant they do anything? Wont they do anything? 
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