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<p>Just to show a point... AI names have crashed so much to the point $POET as a business is now considered close to worthless.

It's now $829.7M MC vs. ~$788M net cash. And below its $847.5M book value.

Considering institutions were funding it $400m at $21, with $26.25 exercisable warrants few months ago and it's back to ~$4.8. 

Poet would need to rally +337.5% just to return back to the original financing price. 

"FOGO" (Fear of Getting Obliterated) have hit extreme levels if "growth" companies are priced near liquidation values.</p>

Just to show a point... AI names have crashed so much to the point $POET as a business is now considered close to worthless.
It's now $829.7M MC vs. ~$788M net cash. And below its $847.5M book value.
Considering institutions were funding it $400m at $21, with $26.25 exercisable warrants few months ago and it's back to ~$4.8. 
Poet would need to rally +337.5% just to return back to the original financing price. 
"FOGO" (Fear of Getting Obliterated) have hit extreme levels if "growth" companies ar

Just to show a point... AI names have crashed so much to the point $POET as a business is now considered close to worthless. It's now $829.7M MC vs. ~$788M net cash. And below its $847.5M book value. Considering institutions were funding it $400m at $21, with $26.25 exercisable warrants few months ago and it's back to ~$4.8. Poet would need to rally +337.5% just to return back to the original financing price. "FOGO" (Fear of Getting Obliterated) have hit extreme levels if "growth" companies are priced near liquidation values.

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