DRO 1.30% $1.56 droneshield limited

Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-198

  1. 259 Posts.
    lightbulb Created with Sketch. 35
    You are 100% correct... I know Dro since 2017 as we provided one of their main design software since they began ... I know their engineering team and they are very efficient and hardworking team... what I like about DRO was that they were very careful with spending and tried to get the highest discount we could offer as they were shopping around ( unlike many other private and specially public traded company) so I have faith the fund will be used in good way ... I have a feeling this CR is somehow related to the NATO agreement , if there is huge orders coming and surely they need to be prepared with enough capital and inventory ... I will participate to get all $30k if possible... also more than anything I like its technical which is aligned to its very positive fundamental ...if we have any short period of correction and then the SP will be back higher , faster and stronger ( IMHO)

    https://hotcopper.com.au/data/attachments/6112/6112075-89599212bf3124a239a651f9c4796d31.jpg


 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.56
Change
0.020(1.30%)
Mkt cap ! $1.189B
Open High Low Value Volume
$1.55 $1.61 $1.54 $12.78M 8.158M

Buyers (Bids)

No. Vol. Price($)
8 32527 $1.55
 

Sellers (Offers)

Price($) Vol. No.
$1.57 11284 2
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.