Re: POET Technologies Reports Fourth Quarter 2023 Financial Results
in response to
by
posted on
Mar 16, 2024 08:18AM
Very perplexing to say the least ... consensus seems to be that if POET expected to release good news that would drive the stock back up to $10 then they would not be repricing options as the options would most likely be back in the money. Can anyone offer an explanation where it makes sense to do this if they did indeed expect the share price to go back up to $10 in the near future due to the release of good news? Is POET doing this in hopes that the employees will soon excercise these options and that will at least bring some more money to POET - i.e. if share price is $5 and excercise price is $1.75 then employees will do it verses perhaps waiting years to do it - after POET no longer needs the money?