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Bullboard - Stock Discussion Forum POET Technologies Ord Shs V.PTK

Alternate Symbol(s):  POET

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices... see more

TSXV:PTK - Post Discussion

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Post by maestrodrumboe on Apr 03, 2024 11:09am

ATM

allows for the Company to sell up to 24.2 Million shears or 15.9 Mill Shares, the  maximum allowable dilution, if the market cap is below 75 Million..
That's whopping   50% dilution, based on current share count of 48.2 Mill, not to mention the enormous selling pressure for many months to come, as anybody wantimng out( Sellers) will be competing against the Sale of Millions of sheers by the Company at fire sale price.
Time to dump this POS before the whole investment goes up in smoke..
Comment by lscfa on Apr 03, 2024 12:04pm
But no damn warrants and lower broker commissions
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