There was a fundie/broker being interviewed on Au$biz this morning tearing Dro and management apart. Word is getting out what the situation here is and it's not good.
First highlighted how bad it was that all management sold out at 70c. First warning sign and red flag. They didn't think it was worth more than 70c
Then he ripped management apart for a second capital raise when they already had cash. He said he thought management mustn't think the stock was worth $1.40-50 when they decided to grab as much cash as possible before it got smashed back down. More red flags and warning signs.
I expect more negativity from the media from here. Every market commentator will repeatedly warn people off DRO due to management's actions.
The segment was on Au$biz before market open and is online if anyone wants to view it.
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