$IDEX is left with 82.4 million in cash after 100% acquisition of Timios and 24% of the E-tractor Solectrac.....IDEX could be heading to $10 next week
5.66 mil @ $0.883 for a total of $5,000,000 on November 16
30.86 mil @ $0.97 for a total of $30,000,000 on November 20
12.5 mil @ $2.26 for a total of $28,266,250 on November 24
13.33 mil @ $2.625 for a total of $35,000,000 on November 25
The grand total is 62.35 mil shares for a total of 98.3 million dollars. Note that the shares bought by the investing company will not be resold and will be used as an investment in IDEX
If we add the 27 mil they had on 9/30 to the 98.3 mil they have now, the total cash on hand as of today will be 125 million dollars
If we subtract the 100% cash purchase of Timios of 40 mil and the 24% of the E-tractor at 2.6 mil, the company will be left with a whooping 82.4 million dollars in cash.