 Okay in this video what we're going to talk about is Nanna Dimensions, NNDM and a recent direct offering for $180 million worth. What we're going to go through is some of the information here but also whether this makes a buying opportunity, should we buy or sell, what stop price will this end up reaching in a couple of weeks possibly and we'll go through some of the information here. I've got to say I'm not a financial advisor, I am a business teacher in my real, in my day to day work in real life but I am by no means a financial advisor or a stock market genius so to speak but I'm just showing you my journey, my research, my aspects with the stock market, what I've been doing. So what we'll do here is go through this information now without further ado as I respect your time so you can get on with your data so let's get right into this for a quick short video. Okay but what we want to go through here a bit later on is should you buy or sell is there a buying opportunity what could that be at and will it reach $10 in two weeks this particular stock as well. So we'll go through some of these questions in a moment but just to get into a bit of the news here. So nano dimensions prices $180 million direct offering so with investors for the sale of 30 million ADS at the price share of $6 for gross proceeds of $180 million. Net proceeds will be used for working caps on the other general corporate purposes and pursuing strategic business opportunities closing days 9th December. The stock of nano dimensions was actually up 14% last week so the first thing to note is there was a direct offering the other week and there was a direct offering the previous week before that as well and every time the direct offering happened the the stock price did go down a fair bit but then it always recovered by the end of the week or you know a few days later it recovered and more some you know it went up a decent amount. So this has got a form and a trend to be happening in terms of a direct offering happens for nano dimensions but then the stock price actually ends up going up overall and eventually now so that means there's going to be a bit of a dip on this stock probably but that's not necessarily a bad thing in terms of the mid-term future of this stock ultimately it says here that they're trying to raise this capital for corporate purposes and strategic business opportunities. Now it would be nice if there was a bit more information on that it's quite vague in terms of the reasoning behind it but I still have a bit more information on this as to the direct offering because they have done a number of direct offerings now okay and and you know it's within this short space of time as well it's not like a direct offering like every couple of months or three months or whatever that this is within a short space of time they've had a number of direct offerings which is interesting but well you know at least they're getting capital into the business and they're going to then use that money to then obviously build upon their objectives as a company and strategic business opportunities as it says here but but the problem is here that it's within a short span of time so this particular this time it might this this might dip further than the other times the direct offering was offered but but again let us say it will probably bounce back the stock obviously I don't have a crystal ball but I would believe that it would bounce back it's a good company it's a good solid company well and you know it's got it's got a lot of aspects to the company so so there is that and that's the direct offering okay and just another another source here so this is from the nano dimensions website here so it announced it entered into definitive agreements with investors for the sale of 30 million of companies American depository shares at a price of six dollars the gross proceeds of the offering will be approximately 180 million dollars the company intends to use the net proceeds for working capital for other general corporate purposes and pursuing strategic opportunities okay general corporate purposes this is the thing why can't they say a bit more information on these two aspects like I know like I know they don't want to go into too much detail about it but you know like couldn't they expand on these a little bit and what strategic operations what corporate purpose is a little bit maybe that's just me being a bit too thinking about it but I just think that that would have been been nice to have the closing of the registered direct offering is expected to take place on December 9th 2020 okay so so there is there is the information there but ultimately that they they're not using using this cash to waste it or pay off loads of debt or anything like that they're using this cash to invest in the company invest in the future of the company so it's not necessarily a bad thing a direct offering it is in the short term because there'll be a dip but this does prevent a present a buying opportunity and by the way if you can like the video give the video a like I'd be much appreciated I'm a small stock market youtube channel likes I'm buying them by no means an expert on the stock market but I teach business in my daily life but so do your own research on this stock if you're going to buy it but if you could like the video I really really appreciate that because it gets it up in the search results and as a small channel that's the only way people are really going to be able to find me I have had an influx of recent subscribers so thank you for for everybody who's subscribed and is watching this video I really appreciate that as early supporters of the channel and I'll remember that so thank you but just here so let's go back to the questions here should you buy or sell now I personally would definitely not sell especially with this dip that's happening it's that is it's a big dip it's going to stabilize it's going to recover from the dip that happens now the second question is a buying opportunity well the direct offering was six dollars and and you know if it dips towards that sort of level and getting dips towards that then I think there's some sort of buying opportunity there because it will recover 20 30 40 percent in in the space of a couple of weeks or a week or so so there is a buying opportunity when this dips and I think if you haven't already got into this stock it's it's a perfect opportunity to do so it's a perfect opportunity to build out your position further if you're already in the stock I would say again not a financial advisor um so what I would say would it reach 10 dollars in two weeks I think that it's got potential to do so um I really do we saw it reach was it nearly highs of eight dollars almost last week and now obviously there's going to be a bit of a dip this week at least at the beginning of the week and then we might see it recover and I think possibly within the next two weeks it might reach to that 10 dollar mat so I think that this is a good kind of swing swing trade it's a good mid-term player or a long-term player if you like the company I like the look of the company I've looked at some research on it I've done a video on nano dimensions you can check my channel if you want an in-depth research analysis of the video it's a very long video but I go right into all the information okay so thanks for watching this video um and uh let's say leave the video a like and I will see you all in my next video