Snoopydoo, I believe the immediate impact on the share price was moderate, because the news release was expected, if not to say overdue. It has already been priced into the share price. Or to put it in other words: The share price would not have been in the $1 range since days already if people would not have expected this announcement.

Imagine what would have happened if BAE had announced "hm, POET seemed like a nice idea, but we couldn't reproduce it and failed to build that infrared detector." The share price would have dropped to the 30ies immediately.

A second effect is the "sell on good news" pattern. I think the share price is just about to recover from it.

In the mid-term range, however, the NR will have a great impact on the share price, because much of the risk has been taken out today, making POET attractive for many more investors. Lets look at the share price in a week or two again! (Well, no, we know we will both look at it each and every day.)

Andrea ("Powered by POET")