RE: Samsung $5 BILLION Qtr Profit Since the independant audit on the POET i've been expecting a buyout or maybe an unfriendly takeover bid.
Managment at the time said they had all the necessary papers prepared to sell ALL or part of POET. I'm hoping if it's an unexpected lowball takeover offer then it would result in a bidding war.
Now it looks like the big players are more than willing to sit back and watch what POET becomes before throwing down some serious cash to take it over. I hope the financials are atleast OK and maybe we will get an unexpected NR that sends OPL toward the old highs (at this price it almost seems dream like for a $1.80 SP).
This is the venture exchange and things can happen when one would think not... :)
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