Re: Wonder if Poet would do same as this company?....Buy back....

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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fivenine

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Re: Wonder if Poet would do same as this company?....Buy back....

posted on Jun 23, 2017 09:18AM

I saw that happen with a company I was invested in once.

Some bonehead CEO decided that it was a good idea to buyback shares using the money from a previous capital raise (i.e., had no free cash flow).