Re: POET Technologies Announces Intention to Amend Warrant Terms
posted on
Mar 23, 2024 10:44AM
I think we are In a vicious cycle where warrants holder are playing with it , getting richer and with more shares and risk free, shortening ecc, we just saw this a few months ago again!
Poet needs to stop this cycle and, as today they just put more wood on the fire. This has been going on for years………….
Also, we know Poet will need in the near feature another financing (believe it or not) and here again the same cycle will repeat, unless there is some major catalyst as I do not believe will happen in the near future.
For me, reprice warrants and option, it Is lack of confidence there will be some turn around in the near future, but 100% sure someone will make money quickly, I bet management will sell at the first opportunity…
Right. Let’s enjoy the weekend ……