Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: PTK Barchart opinion
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Mar 20, 2014 09:43AM
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68Camaro said: "You would think that in 2011 when we hit a high of 1.81 or so that we would be higher now with all the new announcements and achievments, but we are not. Why is that?"

I can answer that for you. The basic answer is that actually we are much higher (in terms of market cap then when we hit 1.81 in 2011. If you look at the oustanding shares in 2011, it was almost half of what it is today.

So without actually doing the calculations for lack of time (i don't have the fully diluted share count handy in 2011), our price at 1.20 today is equivalent to a market cap somewhere in the $2.00-2.40 range using 2011 fully diluted share count. So yes, we are actually further ahead.

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