Well that’s how investing works.
Now I wouldn’t buy DRO either, but when a start up has the balance sheet it has, and with some capacity to demonstrate sales of its product, plus an unfortunate but realistic demand for military type spending atm, I just see far too many positives for the risk and so I’m willing to take it. I don’t invest anything I wouldn’t be afraid to lose so if it’s gone it’s gone.
Though I highly doubt that, so again its just wether you believe by years end we will be better or worse off than we were before without 50mil cash and two large contracts.
Ann: Outstanding Shareholder Support for Share Purchase Plan, page-158
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Last
$1.15 |
Change
0.040(3.60%) |
Mkt cap ! $1.002B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.15 | $1.07 | $14.47M | 13.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19896 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 58614 | 2 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |