Yup, and can't blame them.
I'm giggling a bit - here we just had a KXL PP at full price, and options granted at market price, insiders buying at full price, and that company with the Brookbank "deposit" next door that I shall not name just had a massively dilutive PP at 1/2 the market price, with their insiders dumping (flushing, I would say) their "holdings" at the same time.
I had that kind of "deposit" when I was a 2 year old. But it was in my pants.
Sorry, I promised myself, but I just couldn't leave off. Sigh.