Re: Talk Talk Talk
in response to
by
posted on
Oct 14, 2022 03:45PM
But Rainer, isn't it the CFO's responsibility and other in the company and the board to change that? To minimize the gap between market value (what people are able to grasp) and true value? How the heck, could Copetti / Lebby and even Rockley attain and convince big money to invest and get their companies (Copetti for POET obviously) valued at around 400 million and more?
Now we are at what 100 million? And why? This is the responsibility of the CFO and others. Not the shareholders. So, there must be consequences. They can't get themselves cheap options again. The company and the shareholders deserve better, than being diluted by more cheap options / warrants and financings.
Especially now, because this one was absolutely unnecessary. Instead of attracting money and showing faith in the company by buying shares or do a financing at 1,6 CAD pre-split, management sold instead. This is where the financing should have happened and management should have led by example!
As I said, the sky isn't falling and I trust the technical part of the business. But the shareholder side and financial side is run completely wrong. IMO.