Panjang
AACQ could double by end of 2021
SPAC Artius Acquisition is acquiring and merging with in a deal of worth S$1.8b. $863MM in cash will come from the SPAC. w
The deal is set to complete be end of Q2 2021, i.e. in the next 7 weeks.
Origin Materials is a disruptive materials/chemical company that uses wood residue (timber feedstocks) to create carbon negative materials cost effective with oil-based products. Funds are to scale production.
Origin's materials are used for clothing, textiles, plastics, packaging, car parts etc. Origin's decarbonizing technology addresses a ~$1T market opportunity, already with ~$1 billion in product reservations.
A Biden White House will likely continue to print money, especially for grants and awards to companies like this which further their goal of a carbon neutral country.
At $10 per share, all you are doing is buying the cash on the books. So there is almost no risk right now. A share price below $10 post acquisition would signal that the market does not approve of the purchase and believes they overpaid.
I would work a stop at $9.00.
The deal is set to complete be end of Q2 2021, i.e. in the next 7 weeks.
Origin Materials is a disruptive materials/chemical company that uses wood residue (timber feedstocks) to create carbon negative materials cost effective with oil-based products. Funds are to scale production.
Origin's materials are used for clothing, textiles, plastics, packaging, car parts etc. Origin's decarbonizing technology addresses a ~$1T market opportunity, already with ~$1 billion in product reservations.
A Biden White House will likely continue to print money, especially for grants and awards to companies like this which further their goal of a carbon neutral country.
At $10 per share, all you are doing is buying the cash on the books. So there is almost no risk right now. A share price below $10 post acquisition would signal that the market does not approve of the purchase and believes they overpaid.
I would work a stop at $9.00.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.