I completely agree with that sentiment. I've supported the last two capital raises because they are essential for the company to achieve its ambitious growth plans of reaching $300-500 million in revenue within the next five years.
Now that they've secured the necessary funding, it's time to focus on execution. Big sales will drive the share price to $2, $3, and beyond. Without that momentum, it could drop below $1.
My comment was more about how macro sentiment (Dow Jones down 494 points) might impact the share price today, especially following a share purchase plan. While I don't expect it to drop to $1 today, if it were to happen, today would be the day.
DRO Price at posting:
$1.19 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)