DRO 2.47% 83.0¢ droneshield limited

I wonder how many people have read the resolutions. It is not an...

  1. 704 Posts.
    lightbulb Created with Sketch. 85
    I wonder how many people have read the resolutions. It is not an easy task to make sense of the wording.
    Resolution 3 asks shareholders to approve raising the 15% limit on the issue of new shares to 25% and be issued for a cash consideration at a minimum price of 75% of the volume weighted average price.
    One must ask why would it be necessary to raise the limit and what are the implications for shareholders.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
83.0¢
Change
0.020(2.47%)
Mkt cap ! $584.6M
Open High Low Value Volume
82.0¢ 83.5¢ 80.5¢ $5.333M 6.520M

Buyers (Bids)

No. Vol. Price($)
4 20352 83.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.5¢ 206000 3
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
83.0¢
  Change
0.020 ( 2.48 %)
Open High Low Volume
81.5¢ 83.3¢ 80.8¢ 1879991
Last updated 15.59pm 03/05/2024 ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.