The below slide from the deck explains the DRO journey very well.
Going by what they have achieved in the last two years, DRO will be one of those Australian companies taking on the world with an amazing product backed by great tech.
I am so grateful to this CR as I do not want to invest in a company that does not invest in the future. Now they have got the cash.
Now with $266m cash and EV of little over AUD600m, this investment opportunity is too good to miss.
I expect the SP to finish over 1.25 today or even higher than 1.30.
Ann: Capital Raise Investor Presentation, page-10
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Last
$1.32 |
Change
-0.055(4.00%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.32 | $12.42M | 9.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94692 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 12000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |