position form over another form at precise location

I have 2 forms -

Form1 calls the second form, Form2
I'm trying to position the second form at the exact location of the caret. I already have that position using GetCaretPos api. Only problem is that the form does not position itself at the location I have given. Any ideas why?

partial code below:

VB Code:

' here is the caret position retreived
    GetCaretPos pt
    XPos = pt.x
    YPos = pt.y
   
   ' call this first
   SetParent Form2.hwnd, Form1.hwnd
 
   ' tell the form where to move
   Form2.Move XPos, YPos
 
   ' telling form that Main form is the parent
   Form2.Show vbModal, Form1

FYI -

It seems if I make a call to SetParent api - it works as expected...