There are those that believe the market knows all. So why did this company have a market cap of $350million in 2014?
Today the company has a tech that provides a highly efficient process leading to industries target of $1/G. All indications are that POET is well on their way to commercial production and yet the stock is trading at a market cap of about $60 million.
My point is the market was clearly wrong to value POET at $350million in 2014 and in my opinion the market is equally wrong to value this company now at $60million.