RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Like Diamonds - PGD is a story of survival and growth So using strictly your definition, at the end of the 21c rights, did we have dilution? Aug 12, 2014 - close at 41c, 143.8M shares, worth 59M, Oct 8 - 19c, 215.8M shares worth 41M. They raised 15.1M issued 72M shares, total 215,764,791. The total after closing would be 56.1M, a 3M drop at the closing of the rights offering.