Re: Trying to outrun the bear or drawing a cat trying to represent a tiger? Could it happen for Super Photonics?
posted on
Mar 04, 2023 05:30PM
Mark Mobius, American born but now a German citizen, is one Billionaire who seems to have run into a big problem getting his money that he invested in China out of China. This can occur with any investment in a foreign country, especially if there are political and sociological disparities between your own country and that of the country where your investment resides.
I am not inferring that the same could happen with the investment of POET in Super Photonics, especially since the Chinese have put in a great deal of the money for Super Photonics into the pot, but Mr. Mobius (Herr Mobius) experience is still a cautionary lesson to keep under consideration. See the article linked below from Business Insider:
The Yahoo News article that republished this piece had some acerbic reader commentary about investing in China, but in fairness that is the "norm" for commentary in Yahoo News.
Okiedo