RE:RE:RE:The Benefit of This ATM and What Poet can do.You haven't a clue of what your are talking about....Most likely before the Pooet offering,you never even heard of a follow-on offering of shares....lol
gilver wrote: You are missing the point! The benefit of the ATM is that it allows Poet to bring aboard chunk-by-chunk strategic investors who will be trusted to be longs and not predatory financings. That allows for a better base share price and the ability to go higher and stay higher as Poet keeps advancing (while raising a bit of money) to bridge towards revenue from commercial sales. These type of investors see the value in Poet and are willing to pay more than the prevailing prices in order to secure decent blocks of shares because of Poet's small float. What do you think of that? lol.
gilver
Poetwhen wrote: I meant the benefit to the investor not to Poet. Today you can accumulate below $6 which would give you a lower cost base, but not negative!