DRO 2.82% $1.28 droneshield limited

Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-531

  1. 500 Posts.
    lightbulb Created with Sketch. 247
    Not true.
    From the letter to shareholders:These dates are indicative only and subject to change. DroneShield Limited reserves the right to change any date including to extend the closing date of the Offer, to close the Offer early, to accept late acceptances either generally or in particular cases, or to withdraw or reduce the size of the Offer without notice.

    From the SPP Booklet:
    The offer under the SPP (Offer) is intending to raise a maximum of $5,000,000 on the terms and conditions contained in this document (Terms and Conditions). The Company may elect to accept oversubscriptions, but subject to a maximum amount of $15,000,000, or alternatively close the Offer early and/or scale back applications at its absolute discretion.

    Example of a SPP ending early:
    45kcst8518g3tj.pdf (asx.com.au)
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.28
Change
0.035(2.82%)
Mkt cap ! $901.5M
Open High Low Value Volume
$1.22 $1.28 $1.20 $7.008M 5.636M

Buyers (Bids)

No. Vol. Price($)
14 67162 $1.27
 

Sellers (Offers)

Price($) Vol. No.
$1.28 119733 17
View Market Depth
Last trade - 12.57pm 04/06/2024 (20 minute delay) ?
Last
$1.27
  Change
0.035 ( 3.55 %)
Open High Low Volume
$1.21 $1.28 $1.20 2093584
Last updated 13.18pm 04/06/2024 ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.