People tried to explain here in and out the difference between a RS of a growth company (like POET) and a RS of a sinking ship company (like most that do a RS to stay on the particular exchange). 
They do the RS to stay listed and dilute the maximum out of the already lost company (not all, but many) and therefore try to stay listed for the max. time. Hence, they split to comply with the minimum share price.

POET split to get listed and away from the vulture and OTC and attract new investors as it is a growth company. 

Completely different reasoning and therefore a absolut positiv step.

Now the wider investment community can pour their money into this (our) potential and most likely 10-bagger. They couldn't do it before.

So, way more demand on way less shares = explosive set-up that tends to be "bagging" as we speak as a low float on the NAS. 
Demand increases price increases f supply is short, just look at the petrol stations.