POET friends lend me your ears,

The daily market is not my area, but listening to you guys who enjoy the cut and thrust of  determining what rationale is behind it all, does provoke my thoughts and gives rise to some ideas that I'd like to share.  

Given that the manipulation of SP does happen and that the PTK SP is marooned at  $0. 30 it occurs to me that this is quite deliberate and intentional.  I frequently get the impression from the board that the selling is to keep the price low.  I ask,  as others must do too, why this would happens and who would want to do it?

I dont know why but  Mika's arrival as FCO at POET seemed to me to have something dark about it.  He's a wizened old player in this game 'been there and dun it' sort of guy who was brought in I feel to get a grip on matters financial. He certainly gripped the chattering classes here by the preverbials has he not since his silence edict.  Notice shareholder activism has become the new 'in' topic in the risk chapters of EOY report.

One nonsense about PTK in the past has been the wild fluctuations of SP at the hands of traders playing and creating SP fluctuations for gain, which frankly makes PTK look silly as a targeted victim of the market.  Not any more the SP has been stable, or should I say,  kept stable.  Why I ask?

Firstly, If you've just made a big sales pitch to 'platinum investors' such fluctuations and volatility would not be a selling point and would need control. Secondly, that such investors  would need to have a period of low price calm to allow gentle accumulation perhaps but,  and this is the big but, that PTK would in due course be approaching an inflection point where the SP would be allowed to run.  The million dollar question of course is when?

1.  Not before VCSEL integration and AOC prototypes are available

2.   Not before the revenue from DL  ramp up is proven to fund AOC commercialisation.

I regret that I cannot state a date.  But observe many factors such as the intgration announcement and evidence of ramp up at DL would be on the critical path to PDAY. I would not bet on by the AGM as they are meant to be very pragmatic, routine, uncotrivertial affairs and shareholder concerns can be managed by judicious reporting beforehand.

To me its Mika who  is playing Ceaser in this POET Play

Views?

Sula