Sparta, I agree with you. When people debase key management over financings, then that is pure speculation! Any shareholder does not like dilution when it happens, but with pre-revenue companies it is normal. Strong share price rises are opportunities for management to conduct financings as the higher share prices help minimize dilutiion. Despite the last financing, the share price now hovers around $6.00 canadian per share now. Has it done that for any period of time in recent years? Therefore, Poet is growing stronger by maintaining higher lows now which is a good sign for the future when higher highs return. 

Pre-revenue companies must continue to raise money while they can in order to avoid vulnerabilites like what happened in the autumn of 2023 where higher interest rates created a tight-financing market where predatory financing takes over for high risk non-revenue companies.

Poet is maintaining higher low share prices now, despite financings, as they are perceived as becoming less risky. Dilution into a higher market cap is OK as long as the company rapidly shows signs of progress nearer to revenue. The risk is if that does not happen as well as planned. That is why Poet is not back at $15.00 in my opinion, but it is trying to get there and more as we all hope.

monolithic