Hey subject matter experts in Canada, I find it interesting that the mention of a possible stock offering to raise $10 million or so helps to tank share price by 30%, however, news that the company IS getting $10 million ($8 mil US) in government grants fails to move the needle, even with a million shares traded.
My question: Is it possible that someone borrowed a huge chunk of shares today and dumped them to hold the share price down, and if so would they not have to true up such a transaction by Monday? The math, even over 5 years, seems to negate the offering's impact, even assuming the offering adds no value to POET whatsoever. It seems shady to me. Thoughts and learned opinions appreciated.
