Snapback: best news weve ever had and today closed at .57
makes no sense
Well, you cannot do a disastrous financing without having to bear the consequences! I share the view Fairchij has explained here more often than not, that the 0.52 ¢ warrants from the 2016 offering resp. some of their holders are exercising pressure on the share price. They will likely continue to do so – although perhaps with decreasing pressure – until these warrants expire on 2021-11-02, which is 374 days from now. I put that date on my POET Technologies Timeline this morning, so you can lookup anytime how long this suffering continues.
I am maintaining my stance that until that lid is taken off, the share price will rise only slowly but more or less steadily, subject to the news flow and fueled by a slowly increasing number of investors who learn about POET. News disrupting this scheme will have to be attached with solid numbers, especially revenue or revenue projections.