RE:RE:Take your pickCouple of comments:
1. Price is and always will be the best arbitor of "value". The amount discounted for this financing says everything that needs to be said. I still hold the view much of the money for this financing comes from shorters of the stock.
2. If indeed a larger and proper financing is lined up, it is totally reasonable to set up a bridge financing or some sort of an advance even by the prospective financiers. It is very much in their interest to do so, if they truly believe that POET is a great investment opportunity. IMHO
lscfa wrote: Although the warrants are 5 frigging years, co. probably expects exercise rather quickly so maybe this raise is more like $3.2 million US