POET Technologies Ord Shs V.PTK

IR blunder of the decade

[lscfa]

What co. issues a news release about financing without any details, especially if the underwriter has agreed to buy all shares?  Bozo move

[ark88]

Without knowing the size and price, it's meaningless. One thing is for sure. It a sign of weakness.

[lscfa]

wow, the bozos did the same thing in 2016 but it was a best efforts basis, not a bought deal....   $0.78 - Oct 07/2016 - closing price $0.76 - Oct 11/2016 - closing price $0.63 - Oct 12/2016 - announce financing, no details $0.48 - Oct 27/2016 - details announced $0.36/unit, wrt $0.52 ex pr $0.34 - Oct 28/2016 - closing price $0.30 - Nov 08/2016 - closing price  

[Poetwhen]

This post has been removed in accordance with Community Policy

[maestrodrumboe]

looks like they are well experience at it,only thing is, that this time it looks to be even  more obvious..

[wintersun10]

Big time botch job: Always tell the market the white lie, no we do not need a financing any time soon. Then slam the market with a bought deal, including pricing of course. You do this because of the gravity law of financing that say as long as the market knows the deal did not close the shear price goes down, down, down. Instead they told the market oh shirt, we are out of cash. We do not know