Re: Canaccord 33
in response to
by
posted on
Sep 29, 2016 01:26PM
Actually, since only 1.2 million in the money options are left, any significant news will easily absorb these remaining options.
And in the absence of news, the selling will remain controlled as it has been over the last 5 months. There are 7 months left to options expiry. When GT left he held almost a million shares outright, and I do think he will remain a large shareholder. It's in his best interest to exercise with moderation and I'm not talking about fitness.
Any SP movement up or down going forward will now be determined solely by the company's ability to execute. No amount of rumours, industry articles, posts on this board or the other one, commercials etc will change what will happen to the SP, until such time Poet products or licenses are bringing in money.