Valuation is in the eyes of the beholder right now because of the lack of fundamentals. There is little to attract any outside interest at this time. No promotion underway, no guidance. I have gone from watching share price (absent of any information, what's the point) to watching the cash burn, and when will they truly be able to fund their operations via real revenues. Will they be become self sufficient before the cash runs out? Time has always been our enemy.
One thing is certain, in regard to the company's focus on attracting 'platinum investors', the big money is not hanging around the penny slots. POET needs to up their game to grab 'high quality' investor interest that they apparently cherish.
It's a tough question disco and very highly subjective at this time, which is why we are so to price swings. Sharks can't attack companies whose financials are very transparent, no volatility to play with.
