I'm not arguing the numbers. I don't know what they are, I made that clear. My comment is that all of these people are claiming all kinds of things about the share price which is driven by sales. So if they are so sure about the share price they must have an opinion about revenue. So what is it? What are you calling out for Q2 YTD 2024 and FY 2024?
We will see whether the CR was justified from their cash numbers. If their cash numbers never drop below $100 M they didn't need the money. They certainly do not need $150 M in cash for annual sales of $200 M. Oleg said it takes 4 months from order to delivery (we have already seen this with the $33 M US order). So if that is the case in 4 months the orders should be no more than $100 M, but then the cost of equipment is less than $80 M. As a very conservative estimate, $200 M in sales should require at most about $80 M in cash in the bank. That does not include any profit that they make as they go along
I would be prepared to make a very large bet on DRO not going under even $100 M in cash in the next two years, even allowing for 100% sales growth. He sold shareholders up the river, but a lot of them are not bright enough to work that out.
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$1.19 |
Change
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Mkt cap ! $1.033B |
Open | High | Low | Value | Volume |
$1.15 | $1.20 | $1.13 | $9.716M | 8.342M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11589 | $1.19 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.19 | 2000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 11589 | 1.185 |
3 | 37521 | 1.180 |
3 | 40500 | 1.175 |
7 | 100737 | 1.170 |
9 | 42061 | 1.165 |
Price($) | Vol. | No. |
---|---|---|
1.190 | 2000 | 1 |
1.200 | 79204 | 8 |
1.205 | 84900 | 3 |
1.210 | 183 | 1 |
1.215 | 37204 | 5 |
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