I agree Franco. Any shortfall will be taken up from overseas accounts. 8M is a substantial raise and certainly not an amount just to tick them over a few qtrs. I’m expecting FAA this side of Xmas and a few large material orders. That’s just me reading between the lines. I’ll take up my rights and bought some more today.
Yes a raise post FAA would’ve been nice but can also appreciate they need to deliver on current and future orders now. There will be a myriad of orders post FAA from Drone companies.
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-26
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