AMD, Global Foundries parent before spin off is trading at $4.37 with $3.33 billion market cap why not reverse split that stock or take GLOBAL public?
It is all about revenue and assets that move stock price on any exchange, nasdaq can be brutal on revenue misses, margins and revenue guidance outlook etc. Poet will end up on Nasdaq at some not too distant point without RS, they need revenue stream and confirmed deals. Poet has the Steve Jobs of semi conductor industry in Dr Taylor and management should do their part to make it known. You don't do that by ignoring conferences in favor of backroom deals.
To imply that Poet cannot mantain $2 price on stockprice on Taylors work isn't refecting the pride in his work it deserves. Yet, he is why everyone is here without him manangement is nothing. We have to talk ourselves into this RS being a good thing, 2 to 1 would do the trick, but after monday, who knows. Would you buy knowing you are probably paying five times too much. After all that, not a penny is added to botton line. What they are lacking is analysts coverage and marketing strategy, not secrecy.
RS reducing share count, then a secondary to actually add money to the bottom line and increasing share count again, should not be our only and preferred route.
