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Bullboard - Stock Discussion Forum Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are... see more

TSXV:EGT - Post Discussion

Eguana Technologies Inc > 4.6 million shares traded
View:
Post by RDK241t on Apr 23, 2024 2:19pm

4.6 million shares traded

Only reply if you have something to say that's intelligent and factual. No sarcasm or unhelpful remarks necessary. I've invested a lot in this company and don't find what's happening funny.

If 4.6m shares are being traded so far, who is buying what's being sold?
Comment by ToadyToadman on Apr 23, 2024 3:16pm
day traders looking for a quick flip. SP going up by 0.005 gives 50% gain if they can dump the shares. Unfortunately the future looks very bleak here. They can consolidate and get the shareprice up but they still will not be able to raise money. The market cap will still be $4.5 million (but declining due to burnrate of current funds). Raising even a small necessary amount like $2 million (like ...more  
Comment by RDK241t on Apr 23, 2024 4:50pm
Thank you, very well worded and informative.