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POET Technologies Inc. V.PTK

Alternate Symbol(s):  POET

POET Technologies Inc brings solutions for faster and more cost-efficient data transfers. Its proprietary Optical Interposer is the foundation of an elegant platform that provides seamless integration of electronic and photonic devices into a single module. The company has multiple customers who build next-generation products for Data Centers, Telecoms, Artificial Intelligence, Internet of Things, Automotive LIDAR, Wearables, and more. POET has offices in Canada, the U.S., Singapore and China.


TSXV:PTK - Post by User

Post by ark88on Dec 12, 2023 5:53pm
83 Views
Post# 35780994

Terrible situation

Terrible situation and I really feel sorry for the vast majority of shareholders.
Unfortunately, the share price looks to have more downside from here. Low volume and no news over the holidays adds to the negative sentiment. This could easily head to pre RS levels $0.40-0.60s.

As time passes, with a changing context and circumstances, it may become harder and harder for management to steady the ship.

Sales, technological setbacks are one thing, but not having sufficient funds to see the plan thru is quite frankly inexcusable.
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