Post by
Carbonbull on Mar 21, 2023 10:55am
Will VXTR break 20 cents
It seems that there is a steady offer from raymond james and instinet from the beginning of the year plus the ever present big A ... not a lot of stock was issued at these levels beside the initial set up trade with the first aquisition , subsequent acquisition blocks done at much higher levels , so a lot of shareholders must be throwing in the towel.
This could be an oppurtunity as it often seems that the turning point is at capitulation times , this company needs to right the ship , get sufficent equity placement done to drive the strategy and perform over the next three quarters ....to me that means a financing is imminent at the 15 to 18 cent level , followed by a replacing of the palace guard.
Comment by
pennyflipping on Mar 21, 2023 9:09pm
Dilute, dilute, dilute! Toot, toot to 15c CAD or 10c USD! If you don't get off now, it's going to be a non stop ride, LOL
Comment by
pennyflipping on Mar 24, 2023 6:46pm
Don't forget the 20-1 RS they can do before/after the next financing