At the same time, besides the Vcsel there could be other catalyst. NRE payments, or signed agreements/partnerships could be announced anyday, which I believe is not really factored in also. The perceived value is definitely lower then what most speculative and highly derisked stocks would be trading at with the potential of Poet.(imo)
Given that there is very low downside and almost infinite upside, anyone looking for a nice return on investment from a spec stock, would have jumped at this in previous investing cycles. And anyone that understands the technology and was aware of Poet and what it is capable of and has accomplished to date would not hesitate to invest, I believe, if not already invested.
The biggest issue with Poet in the past was not having a definite game plan and path to follow. I believe that all changed with the new management last year. We now have a realistic time frame, plan and disruptive product, that is definitely needed at this time, that should be available in the near future and quite possibly asked for by major company's.
I have been invested for almost 6 years and had to reset expectations also each time that we take a different path to fruition. But the path and end result put forth by our current leaders(I believe) will reward us for that patience.
So once again I have reset my patience levels from 6 years ago to start from last year and will ride out timelines and expectations given from Poet management to see how this unfolds.