placement offerings on sp

Hey guys,
as a pretty new entrant into the SM I was wondering if people had any thoughts onto the impact of placement offerings onto SP ( after the initial IPO ). Im intending on holding onto my very modest holding of BPG for the long term, but am interested on peoples thoughts on the matter. Any positive news I would think would be good to help generate interest, increase buyers and 'potentially' push up SP's if there is enough interest, but is a secondary placement really that positive news? If people aren't involved in the placement ( im not sure how one qualifies ), then technically there holding of the company is being diluted down in some respect. BPG looks to have quite a significant volume of shares available already.
Anyway, sorry if my questions aren't PC for this forum, am obviously a bit of a newb, but am totally fascinated by the SM and am doing significant amounts of reading these days on the subject.

Cheers
M.A.