In this case though they could have sold more, but they could not because they were limited because of their production capacity. What would you like them to do? Not investing in a higher production output while demand exceeds production? Doesn’t make much sense imo. Regarding CAN: any examples of companies that successfully increased production capacity? Other companies are just that: other companies. Their failures (or successes) are theirs, nothing more.
I don’t care much about what investors were willing to pay. The market isn’t efficient.
A retrace was to be expected, it practically run in a straight line from 0.4 to 5.2. I would very much welcome a retrace to 3. Don’t know if that will happen, but I would not mind. Anyway, technicals are the only reason I can see the share price going down a little further. Fundamentals are great though.
BXN Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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