DRO 5.47% $1.35 droneshield limited

Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-263

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    The raise adds significant net asset value. Droneshield has offered current holders at least some reprieve considering we are also able to purchase a potentially significant amount over those on the sidelines, at a great price.

    Again, the net asset value has increased significantly and post raise the Company will quickly revalue itself accordingly. Big fish are looking at a steal now, circa 150 mil cash at bank, even a billion dollar buyout would only set them back 850 mil.
 
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