Looks like anticipated dilution is being priced into the pps. 2750 shares just trade at 4.16. Nobody is lining up in quantity to purchase shares even at this price, lowest price in over a year.
What this all means, I dont know for sure but it is beginning to shake my faith in SGLB. In the mean time DDD is getting a 13% boost in share price.
Still no significant volume in SGLB. People are holding their money and waiting to see some kind of confirmation for the R/S and inflow of revenues. Could get uglier before it gets better.
If that's what it takes to put a foundation under this company. Yes I'm alright with the dilution. 15 mill shares is nothing on the NASDAQ. If I didn't like what Mark was doing I would have been gone on the day of the Proxy announcement.
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