Perhaps, the bottom is now in for this stock. I was trying to guesstimate a bottom. Previous lows were around 35 cents, so I took the approximate 30% further dilution off 35 cents and come up with around a 25 cent bottom. I never thought the stock would ever be this low. I am not happy with the recent financing, but maybe management feels it is a price they must pay to bring aboard new investment in POET? I hope that they will have decent follow-through with announcements to bring POET back to its normal trading range at least.
I do not expect any earth-shattering news with the upcoming guidance other than we will be getting guidance. However a nice surprise NRE or something similar would take POET back above the THM meeting price, I would venture to guess.
Monolithic