Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Could it just be the people buying the private placement are selling and buying deal price because 1 they keep price down (get great deal price) 2 get a warrant they doesn’t expire for 5 years.
Look back to May private placement at .23 when stock was .28 ish. Stock stayed pinned down and dropped more after deal completed.
Read up on wash sale. You can buy now and your loss just gets added to the new purchase. Not a big deal especially if you believe the upside in stock.
Um that makes zero sense. You wouldn’t file a S-1 to register securities hire a broker dealer if you have a strategic partner (Altria your example) that was going to invest $5 million.
Those deals get done as strategic investments and filed as a definitive agreement.
Lol yea Altria is taking down the capital raise. Come on. 1 they would announce a strategic relationship and funding agreement they wouldn’t hire a broker (Hc Wainwright) and pay all the fees + warrants. The brokers job is to sell this deal to their clients.
If any company fill in the blank wanted to partner with Lexaria they can make that agreement. Then later on they would register the shares etc.
Maybe take a look when Altria did deal with CRON or when constellation did deal with canopy.
Another amendment to the S-1. Must be getting close.
It could close before the 15th and the closer and closer it gets the more likelihood it closes so you could see the stock start to move sooner.
Yes shares of SBVCF will be converted into the parent company once deal is finalized. Share for share.
Says in S-1 they applied to the Nasdaq.
No but diluting 33% at some of the lowest levels in years doesn’t help current owners.
If your buying the deal price with warrants it’s great. But not for current shareholders.
Hang on a second. I don’t think you understand this. Post split currently we would have about 3m shares outstanding. They are selling another 1 million so that brings total post split to 4m.
That’s not dilution?
If you look at just about any startup company they have those boiler plate risk factors. Airbnb had crazy risk factors.
33% dilution isn’t negative?
Why do you think volume is so low when across the sector and overall market it’s extremely elevated?
Everything is up. Stocks that aren’t even filing with the sec or are dark with OTC are up 100+% Lexaria which has many irons in the fire can’t get out of its own way.
Bunka should maybe do a investor conference call and clue on shareholders. From the looks of it he is set on 1-30 and post split we will be around 3m shares outstanding. The problem is he’s raising more Money at depressed levels. So with those 1m shares now we are at 4m shares and 7.50 stock. Not sure why you would dilute everyone 33% at this point.
Maybe is enough contact him he will do a investor conference call.
Holy rally time. Look at the boost across the sector.
MSOS ETF BOUGHT a $5 million position
Surprising he didn’t respond. Seems like they dropped the ball on covid test.
I wish they would do investor conferences. Investors don’t know this company exists. It’s way to quite. We should uplist to nasdaq. Get the stock closer to $5. Raise 10 million to strengthen balance sheet and liquidity and trade on Nasdaq.
PD have you spoken to anyone at the company recently?
HAPPY NEW YEAR EVERYONE. HOPEFULLY 2021 IS LEXARIAS BEST YEAR
More tax loss selling? Shares available under .25
Seems like an American taking his tax loss
Please explain about this accumulator. Wouldn’t the stock be rising if someone was accumulating a massive position.
Overall market all time highs. Marijuana sector at 52 week highs and lxrp doing nothing. Sadly managements salary’s are deemed 3x more than R&D. Bunka $350k salary is a joke
What financials are you discussing? There are no financials here. Come on.
Yea cause the stocks only down 88% over the last 12 “earnings reports! I’ll keep my fingers crossed these next few are the one!
Sadly if there was anything massive it would have been material information and would of had to been released already.
Tax loss selling over for Canadians in 40 minutes so we can take away that overhang or excuse!
Very short sighted to be invested in a early stage company and focused on “earnings” reports. Not very helpful when if this is going to be the home run we all think it will be it won’t have anything to do with this coming report. But I guess it gives everyone a excuse when stock doesn’t move a out.
Nobody is owning this stock for the next “earnings” report.
So frustrating with all these catalysts and the stock doesn’t move. $25 million market cap. Such a joke
Spoke too soon. .2439 x .256 now
Tax loss selling for Canadians has to be done by today’s close so maybe this pressure starts to subside.
Looks to be a fake out. .262 x .301 now
200k volume with Canada closed is a good sign. Would like to see this close over .30
Abundance has Chris given any firm timetable on uplisting?
Couple of gaps if we can get over .30 and .35. Wouldn’t take much to be testing .40+
Idk even this holiday week the volume across the sector is extremely high. I would of thought Lexaria would benefit and be trading much higher than these levels. Something doesn’t add up.
Only this stock would have a 300k+bid and the ask keeps dropping.
You would think others trying to grab cheaper shares would start hitting the ask.
4 minutes before the close and 384k goes on bid
Are we working with Gilead or just obtained the drug to use.
Interesting you think this is going to be worth $24 billion. Huh what makes you think that.
Lots of M&A in the sector. Liberty (LHSIF)
Bought out today. Crazy that we don’t trade at a higher valuation with all the possibilities.