RE: RE: RE: RE: RE: RE: RE: The Liquidity Event Exactly libran8m, share price at this stage just doesn't matter, except for the traders here spinning their wheels.
If POET is what they're touting it can be by Q1 2014, then a fair offer would have to be made or else management just has to say NO to it.
Let's say that today after market closed, Intel offered $300 million for POET as it stands today. Sounds low for some, but to others it sounds too high, but let's just say they did.
What does Opel have, $190 million shares fully diluted? So that's about $1.80 today, which if Opel believes is undervalued would be refused by shareholders as well.
So what happens next? Once the markets hear of such an offer by Intel, they push up the price to something more reasonable, always assuming an Intel or other Blue Chip were to make an offer.
That's why, it doesn't matter what the share price is. If the share price were $5, which is close to what Scary said the company is expecting (haven't found that in the PP), it doesn't mean that Intel or any other suitor would offer that price to shareholders.
A suitor will offer what they see fit, period, if they see any benefit to buying a new technology. JMO
But, In a way, the sp does not matter when takeover happens.
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=opl&t=list&m=32313198&l=0&pd=2&r=0#oFChztGHVXsTPmdt.99