75 mil, plus the 55mil current, circa 130mil cash at bank post raise. Even at current market cap that be only 4x its NET ASSET value. Mate the whole company is equity what don’t you understand? Atop of that, is the Drone business that has international government contracts in the most difficult to enter markets on the planet. Funds swooped in atop sophos because even at 80c the things a guarantee. Because of the equity alone fellas cmon.
Its so obvious its insane that we would be arguing about whether its a good move or not, it’s absolutely a good move mate no doubts about it. Ill be topping up no questions asked.
Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-174
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Last
$1.46 |
Change
0.005(0.34%) |
Mkt cap ! $1.101B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.41 | $13.40M | 9.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23103 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 48725 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.005 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.48 | $1.41 | 2660986 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| DRO (ASX) Chart |