The oversubscription accepted was from shareholders, not in the placement. Had it been the former, we might feel aggrieved at dilution. As it is, the oversubscription was comparatively modest when you consider the scale of inventories needed to fulfil large orders, as well as satisfy new customers as to ability to fulfil. In fact I'm surprised how few shareholders subscribed for their full entitlement, even though clearly a number of HC people did.
i'm not a "lucky" investor, they'll be no sudden takeover announced at a big premium while I'm an overweight shareholder waiting to take some profits, based on my historical record. Should I sell to seek pastures new however, then big orders will flow etc within days. No, for me, my patience is always tested.
"If you can keep your head, when all about you are losing theirs....
'If you can trust yourself when all men doubt you........
"If you can wait but not be tired of waiting.....
If you can meet with Triumph and Disaster, and treat those two impostors just the same.
If you can make a heap of all your winnings, and risk it all on Droneshield......
And after patient investing, see new beginnings, but about your gains keep lips tightly sealed."
Not quite Rudyard, but IF is spot on.
- Forums
- ASX - By Stock
- DRO
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-15
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
81.5¢ |
Change
-0.035(4.12%) |
Mkt cap ! $710.7M |
Open | High | Low | Value | Volume |
85.0¢ | 87.0¢ | 81.0¢ | $8.202M | 9.822M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12100 | 81.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 12100 | 0.815 |
13 | 289291 | 0.810 |
13 | 191065 | 0.805 |
68 | 936797 | 0.800 |
7 | 70599 | 0.795 |
Price($) | Vol. | No. |
---|---|---|
0.820 | 10000 | 1 |
0.825 | 17001 | 1 |
0.830 | 10000 | 2 |
0.835 | 60575 | 4 |
0.840 | 359958 | 4 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online