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
Q: Would you be able to provide an opinion, both as an investment and the technology the company is advancing. They are in the right industry, but I don't clearly understand their value added.
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.
Q: Hi Peter, I’m very interested in this company. I’ve done my dd on it. New ceo last September who seems to be surrounding herself with experts from her past. The technology seems great!
Could you give me any info you have and your opinion as to a buy with small cap risk.
Thanks as always.
DS
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.