Re: POET Technologies Responds to Recent Trading Activity
in response to
by
posted on
Feb 20, 2018 03:04PM
Steve they probably have around 1 year of burn rate left. With what is happening right now it would be very premature to attempt to raise money in an equity financing at the current levels. Now once they have updated the market with hopefully details of commercial success and/or partnerships and the price is responding to something more than just this immediate run-up then we can talk about where the money is coming from. And by then it may well be in the bank without any of us knowing about it:). I would suggest keeping an eye on the Market Capitalization report because as we know in the past the company has tapped warrant owners on the shoulder to exercise well ahead of the expiry date.
Maybe Mazan can let us know when he gets a call.