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Message: Re: More thought given
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Sep 25, 2024 11:53PM

Baba...There was talk here on Monday that there must be something else coming to justify/explain the huge volume and move. Well, what came was not what the talk implied.

Yes I remember that talk. I was going to respond with my thoughts. The fire was lit by waking up the market to what POET is doing. What I am saying is that the share price move was justified on the information already in the market but not well known. I expect the downward pressure was required to meet regulatory rules on PP spread (The Offering remains subject to the final acceptance of the TSX Venture Exchange). And as such the market should be able to figure out that what they were excited to buy into is still available at bargain prices.

I don't see this as breaking the upward trend. It just explains why it stalled as it did.

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