Andrea says:
"The risk we face is a low-ball offer. Consider someone would offer $10 per POET share, i.e. a quadruple of the current share price. Would you sell or not? If you do, your invested money will quadruple in an instance, but you will never reach the $70+. "
$10 per share on the current share price is a low-ball offer? LOL. I'm surprised that none of the experienced investors on here ever correct any of the unrealistic statements made. It seems like everyone is ok to let these statements go. Well I believe its truly misleading and don't think its fair to those that haven't been in the market long and believe everything that is written here.
I need to correct you Andrea because you would never get a quadruple on the current share price on a buy out instantly unless there were multiple parties involved in a bidding war. In a normal buyout scenario involving one acquirer, the offer is almost always a percentage (30%, 40%, and less seldomly higher than that) on the current share price. I have seen it this way every time. POET is unique so I believe it would warrant higher than I've seen in the past. If someone has an example of a buyout that was more than 100% of the current share price without multiple party interest, please do share. But a quadruple is creating false hope to those that are not familiar with acquisitions.
I will rely on the share price moving up vs. waiting for an offer that will be quadruple the current share price. In fact, I rather go the licensing route so we have a better chance to see the long term value everyone expects here.
