Actually strato, It seems from my amateur perspective that companies announce dilutions or financings at the same time they release good data.
By all accounts, everyone expects data equal to phase 1 which was phenomenal. Wouldn't your prized dilution happen at the very moment that euphoria is the greatest which results in a muted negative effect?
Aren't you really arguing that a dilution or refinance will come exactly at the moment the pps is skyrocketing?
Are you really looking forward to a dilution announcement as your time frame to invest here, or are you motives more abstract?