Re: Unpacking the warrant amendment
in response to
by
posted on
Dec 23, 2022 10:22AM
I wouldn't consider myself naive, possibly I look at things with a different lens.
Ha! I wouldn't consider myself to be completely naive (others might disagree, I'm sure) that this whole warrant thing is set to please the warrant holders. I might even be 'naive' enough to believe our share price was dropped this low to give a good deal on new warrants even though they weren't completely filled. I might even be naive enough to believe that the share price is being held in this range ($4 bucks to $4.40 or so) so as to reset the old warrants from $11.50 to $4.25.
I may very well be naive when it comes to this stuff thinking that this is "the way the market works" whether it be Poet or any other company. I do think myself to have good enough judgment though to believe Poet is the real thing and will pay off for us big time and I see no evidence yet to the contrary. It is for that reason that none of this stuff with warrants, options, and the like bothers me simply because it's 'just the way it works.'
If we have the goods (and it's looking more and more like it every day) we have nothing to worry about. Let the market do what the market always does, and this market, now, is a tough one. So shoot me if you want, but patience is still the name of the game. T