RE:RE:RE:hmmm, 4 new productsIMO poet will be insolvent by end of Q1 if they have to admit that they don't have anything to sell. JMO, but I don't think poet has anything that's even close to commercially viable and management is just using NDAs as carrot to keep "believers" hoping and praying for something the markets will care about.
wintersun10 wrote: You would need a profit for tax loss selling.
Poet took a 50% haircut this year, so, no not even tax loss selling.
Poet is like the Polar bears, hibernating and in 2026 they will declare 1.6 a legacy product with zero sales, and not worth it pursuing for sales anymore.
Easypeasy wrote: Pretty much explains share price drop today again on low volume. Last day of claiming tax loss.. Perplexing they would wait to last minute to execute on what they said would occur by year end. Maybe they really meant year end..ish:). Leaves imo tomorrow for an NR while IR is working on release today. Leaving it to last business day of year would be too forced.
Delays pushing this into first few weeks of Jan comes into to mind naturally but maybe they want to release NR only after final tax loss claim date today. Will see. Definitely need some momentum here!