Fantasyland always ignores facts that don’t fit the fantasy1. Earlier this year there was an urgent need to vote on the r/s. It appears it could have waited until the AGM. WHAT CHANGED???? Something MATERIAL I would suggest. Fantasyland just ignores this.
2. Management continues to refuse to buy in the open market. No disputing this one. The answer might scare them.
3. Max $300M revenue forecast by 2026. Not very much for a company that Fantasylanders think should have a market cap. In the billions.
4. None of the BG boys make an offer to buy Poet out. Why wouldn't they want to pick up such disruptive technology at this low value? After all, all roads lead to Poet, as the good doctor once said.
5. The pros pumped this to a new 52 week high to make the June month end look good. This is not the first time Poet has had a significant runup for a month end.
Happy fleecing.......