More thought given

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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slab

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More thought given

posted on Sep 25, 2024 07:47PM

Now that I have given more thought to this, this is very positive, and I'll tell you why I think so

There is no way this deal was struck this week. Therefore, we have an institutional investor that wanted to buy 4 million shares and agreed on a price of $3.75. That would've been done when we didn't have large volumes this week and when the price was below $3.75.

How would the company have any way of knowing the crazy volume that we were going to see this week?

Let's just focus on the fact that someone wanted in and was willing to pay a premium to do so.