This is exactly when you would want to see a Capital raise! The company have pretty much said, we are cash flow positive with 50M in the bank but it’s just not enough at the moment!
DRO are positioned perfectly and now fully cashed up to go hard at executing their sales pipeline.
My reluctance to buy shares at 18 cents when I had the chance is continuing to haunt me!
Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-128
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.30 |
Change
0.000(0.00%) |
Mkt cap ! $937.7M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.32 | $1.18 | $12.78M | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11612 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 3724 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.30 |
Change
0.000 ( 0.68 %) |
||||
| Open | High | Low | Volume | ||
| $1.22 | $1.32 | $1.19 | 2801176 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| DRO (ASX) Chart |