DRO 1.21% 83.5¢ droneshield limited

If you bothered to show my other post you'd see I...

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    If you bothered to show my other post you'd see I elaborated on that, saying the only reason they'd need to raise would be to take advantage of massive growth opportunities. No company is guaranteed to never need to raise capital, no good company at least, however the good companies raise to take advantage of opportunities as opposed to paying the wages and electricity bills. There's a difference. One is accretive (ie DRO's raise) the other is dilutive.

    No, they obviously did not need to raise to keep the lights on. Any reasonable person would be able to figure that out. So it's quite obvious that the reason for this raise is to take advantage of growth opportunities. In other words, it's quite a bullish indication of what's to come. The truth is that you can rely on this company to continue beating expectations, and that's exactly why they're raising now.
    Last edited by TheAnalyst007: 18/04/24
 
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83.5¢
Change
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Mkt cap ! $588.1M
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82.5¢ 85.0¢ 81.5¢ $7.923M 9.548M

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No. Vol. Price($)
7 73514 82.5¢
 

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Price($) Vol. No.
83.5¢ 88382 4
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
83.0¢
  Change
0.010 ( 0.61 %)
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82.5¢ 85.0¢ 81.5¢ 3262195
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