DRO 3.80% $1.14 droneshield limited

Ann: Successful Completion of $120m Underwritten Placement, page-161

  1. 54 Posts.
    lightbulb Created with Sketch. 5
    I wonder though... Due to the fact that the capital raising event was behind the drop (the dilution) and not necessarily the entire market (at this point anyway) then the dip could be temporary. However, as others have pointed out, it still could continue to fall when the rest of the market does.
    One positive sign is that they managed to fill their entire capital requirements using only institutional investors and the average shareholder didn't get a peek. That must say something about faith in the company.
    I suppose we'll know on Monday. I'll try not to forget that I bought it this time
 
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