Hey guys, I hope you’re all right & this triggers some positive sales momentum for the business. However, after the recent AGM “well funded for foreseeable future” - 4 days later cap raise, I am skeptical of mgmt. Playing devil’s advocate, could the timing of this announcement raise questions? If the share placement was undersubscribed, it’s a terrible look for the company. This announcement whilst positive, is not a very large sale (thought they weren’t announcing on those anymore) but will virtually guarantee SPP is fully subscribed.
Again, hope I’m wrong but just wary after recent events.
Ann: Multiple European Government Orders, page-17
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 25989 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |