Retail are the majority that are "trading" POET currently. So, retail shareholders do set the price, so they are the market as such, or a reflection of "the market".
As long as there are more retail shareholders willing to sell at these prices, than they are to buy or hold at these prices, retail is defining what POET is currently worth to them.
I know that many on the boards write different, but the price clearly shows there is more supply than there is demand. That's how the market works.
So, we have to agree, that by departing from their shares or "trading position" or whatever you call it, there are less people believing (or acting) like POET is worth more to them, than the current price.
I agree that more buying power (demand) would help. But less selling (supply) would do the same.
As I said before, I assume it that the shareholders are their own worst enemies in regards to the shareprice but like to blame the market. But as AdAstra said, WE are the market.
When POET was worth 10 CAD to us, long before the NAS listing, and even 17 CAD around the NAS listing, why are WE (shareholders of POET) still selling OUR shares at prices below 6 CAD, when we believe it should be way more?
In that regards I agree with AdAstra, that unfortunately there are still too many shareholders of POET not believing, that we should be valued higher than the current prices, otherwise they wouldn't be willing to depart from their shares at those ridiculously low prices. WE, as retail shareholders ARE the market in regards to POET, when you look at the shareholder structure with more than 90% retail holding those shares.
HOLD strong and the SP will react. Keep selling in we will continue to stay down here until revenue hits.
LWLG shareholders seem to be believing in a higher market cap on their investment. I wish we could do the same. But that's only a wish or even a dream.