Bullboard - Stock Discussion Forum Westbridge Renewable Energy Corp. V.WEB

Alternate Symbol(s): WEGYF

Utilities Utilities - Independent Power Producers

Westbridge Renewable Energy Corp. is a Canadian renewable energy company. It originates, develops and monetizes solar photovoltaic (PV) projects and battery energy storage system (BESS) projects. Its projects include Accalia Point Solar PV, Dolcy Project, Corry Solar and BESS Project, Eastervale Project, The Red Willow Project and others. The Accalia Point Solar PV is located in Cameron County,... see more

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TSXV:WEB - Post Discussion

Westbridge Renewable Energy Corp. > Stock tanking

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Post by Babishek on May 20, 2022 4:41am

Stock tanking

At the rate they are burning cash they are probably due another capital raise soon, that 's why the stock price is tanking I think

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Comment by satchmo6 on Jul 06, 2022 5:48pm

GOOD---let them do another RTO or 2

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Comment by SmilingDog on Jul 06, 2022 8:04pm

Didn't realize anyone else was looking at this stock. I actually think WEB is a very interesting opportunity. Whether you look at it on an EV/EBITDA basis or even just $/W based on the numerous recent private acquisitions,. WEB looks to be way undervalued. Urban Grid got taken out earlier this year at $0.11/w and Intersect Power at $0.15/w. That would imply $140M-$190M valuation on WEB ...more

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