Post by
wintersun10 on Nov 25, 2024 2:31pm
Denselight Deal
Except reverse deal when Poet sold Denselight and kept some rights to buy or whatever.
Esp when they close the deal it will be more than promises, its action, now.
With this years deals, Poet must be believing that it is warranted to take control of SPX. Ofcourse, SPX somehow thinks its not such a good deal anymore. When they closed the deal it was for data centers. Now its all about AI. So, there are a lot of variables.
An option to escape China, that is good.
All they need now is a location in Ottawa or Waterloo or whatever Tech Center. Oh yeah, strike that, delisting. Oh well.
Its a step in the right direction. Still need orders and sales though.
Comment by
maestrodrumboe on Nov 25, 2024 3:50pm
Delist from the TSX,take control of the Sanan JV..now we have a nice clean company ready for a Sale/takeover..
Comment by
lscfa on Nov 25, 2024 3:51pm
SPX was licensed to make and sell OEs up to 400g but that market is waning so value of SPX is not that great. When Poet owns 100% of SPX it can make any damn OE it wants.
Comment by
wintersun10 on Nov 25, 2024 3:56pm
Soon enough we will find out how good Poet management is a managing. In this case deal making. Will it be a sweet heart deal for Sanan or for the poor bag holder shear holders. My bet is Sanan will be made happy.
Comment by
lscfa on Nov 25, 2024 4:28pm
SPX leases space from Sanan so Sanan will continue receiving monthly lease payments.