If this allows them to grow significantly beyond what the level they could have grown at prior to the raise, it's accretive in my view. No it's not an acquisition, but I still see it as akin to a deal that will grow the company in a similar way. It's not being used to keep the lights on, it's directly contributing to growth
Ann: Strong Shareholder Support for Share Purchase Plan, page-20
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.01 |
Change
0.080(4.15%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.03 | $1.88 | $37.37M | 18.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 230725 | 9 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |