Financings, by themselves, are rarely good news.  In this case, the reason for the financing is a very bullish one. I believe it is the strongest statement yet of the current prospects for Poet. 

But it does appear to be a sweetheart of a deal for placees. The full share on the warrant is disappointing to me.

One of these years, the need for warrant enticement will be gone. If volume can be maintained at close to the current level for the next 10-15 market days, then the share price ought not be affected too greatly. But I have little doubt as to what placees will be doing with their newly acquired shares.