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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: XRO has announced a $5 million share offering at .70 which seems ok. It also announce "that it has completed a non-brokered private placement financing and raised $115,000 through the issuance of 287,500 common shares in the capital of the Company ("Shares") at a price of $0.40 per Share. The Shares will be subject to a hold period expiring October 24, 2020"
This private placement seems over generous to me and I would appreciate your opinion on this. Thanks John
Read Answer Asked by John on June 24, 2020
Q: Hello 5i team;
Exro Technologies has performed exceedingly well lately with good momentum, seems to have gained investor interest and is hitting all time highs. The company's technology involves significant improved performance of electric motors, batteries , generators and have announced several partnerships in diverse industries.
Could you offer your views as far as risk/reward on this micro cap company?
Much Appreciated!
D.B.
Read Answer Asked by Dan on June 10, 2020
Q: Hi 5i,

I would be interested in your comments on XERO Technologies. Located in Victoria and developing innovative electric motor technology. General comments + I assume it is a micro-cap and I assume it is high risk and suitable for a very small part of an investment portfolio.

Thanks for the great service.
Read Answer Asked by Jim on November 06, 2018