Post by
gilver on Oct 23, 2023 12:30pm
China + 1 and (more)?
I've always thought that Poet is moving forward on two strategies. The more immediate lower market, lowest hanging fruit, has been what I believe Poet is doing through the JV.
Because of US-China, China-Canada relations, of course this is probably largely a reason why the market has been suppressing the share price. However, Poet is not moving forward in isolation.
We have a BOD member from Arista, we deal with both Celestial AI and ADVa, so there are other irons in the fire. From outside of China, Poet has probably been plugging along but not able to official say anything to that effect yet. But hints of a JV outside of China with several interested parties must surely be part of Poet's next plans.
Not all gloom and doom, because behind any perceived gloom and doom here are always Phontonic rays of sunshine.
gilver
Comment by
wintersun10 on Oct 23, 2023 12:42pm
We can only hope. Because Poet has never gone beyond fizzled announcements and timelines.
Comment by
ark88 on Oct 23, 2023 1:47pm
Wow, look at this 15 year chart. It's basically flat $0.35-0.40. Goodness gracious.
Comment by
wintersun10 on Oct 23, 2023 2:37pm
Financing? Classic financing tactic: Announce Good News after the Financing. Financing rule: Share price bottoms only after the financing closes. In conclusion: Financiers want to sell at the Horse Doctors price of $4? Financing at $3 would give a pretty good margin for a trade for the financiers? Timing of the news? Q1 maybe, lots of promises around this time. There we go................
Comment by
lscfa on Oct 23, 2023 3:38pm
Abaxx Announces CAD$27 Million Financing to Complete RMO and ACH License Requirements, Termination of ATM Program https://www.canadianinsider.com/abaxx-announces-cad-27-million-financing-to-complete-rmo-and-ach-license-requirements-termination-of-atm-program
Comment by
MISTERFB on Oct 23, 2023 5:31pm
Yes unfortunately Poet under the possible guidance of its CFO, suspended the ATM without alternate financing in place. It's been six trading days without a newsrelease to confirm alternate financing. If the reason is they are waiting for better market conditions then start praying. I voted to have the CFO dumped by the way.
Comment by
pennyflipping on Oct 23, 2023 6:15pm
It's ok, they can reinstate the ATM without notice once the financial conditions in the market are even less guud.
Comment by
gilver on Oct 24, 2023 7:01pm
pennyflipping feels guud, funny that's how maestrodrumboe posts. The apple doesn't fall far from the tree. gilver
Comment by
pennyflipping on Oct 24, 2023 10:15pm
Today was a guud day to pennyflip, but not so guud for the longs. Lol
Comment by
maestrodrumboe on Oct 25, 2023 12:46am
As Calimaro would say.. " It's an injustice""thigs with poet,not so Guud!!......LMSO
Comment by
Poetwhen on Oct 23, 2023 4:13pm
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