Re: 5 weeks to warrant expiry
in response to
by
posted on
Oct 14, 2020 07:35PM
My thoughts are that each time the .75 warrants were extended they were for a short amount of time. Why? because POET management believed there was news coming that would put those warrants into the money. There have been significant announcements but market forces held the share price down. If POET really needed the money I think they would have reduced the exercise price, but they did not. I think the money is always important for a start-up. So my thoughts are that they are very confident that they can produce news that the market will see as meaningful. But what they really need to do is follow up with more positive news and keep it coming….Period!
It is within the realm of possibility. I would even go so far as to say it is quite probable.
Been busy with family matters but I still keep my ear on the ground and very much enjoy reading this forum…I am standing by looking forward to what happens next.