They used alot of that $600m in Q2 for acquisitions.
I think it will be substantially lower when they report Q2 numbers. But the acquisitions bring more value to the company than cash.
My one major concern here is further dilution. $DM
seems to be on a spending spree, which is hopefully good long term if they can capitalize on more 3D printing market share. But at a certain point they were going to have to start raising more capital or continue to pay owners of their acquisitions in DM shares like they've done with with last couple purchases. That's not good for share value.
But then again anyone who doesn't want to hold this stock for 2 years minimum shouldn't be investing here.