droneshield recently needed cash to expand for bigger orders so raised 10m from institutions and then took 30m from a massively oversubscribed spp at 30c. admittedly it was trading at something like 37c at cutoff.
was a bit of complaining and was under raise price and constrained for 12 months while they executed. but now its running..
be interesting to see what the demand is like for spp and whether they scale back or allow overs. that might be an indication how much they think they need to 'accelerate ' things. or if it was just a mates thing. but i expect that we would only really find that out if we are trading higher than plan price.
i suppose any company can say they are well funded for current plans and not be misleading because plans do change.
my lesson from above learnt the hard way was that even with solid progress it might now be another 12 months or more before beast awakens
- Forums
- ASX - By Stock
- Ann: CDP Achieves Over 36 Hours Of Continuous Hot Operation
droneshield recently needed cash to expand for bigger orders so...
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
48.5¢ |
Change
0.020(4.30%) |
Mkt cap ! $110.6M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 48.0¢ | $259.5K | 528.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 48284 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 26264 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 48284 | 0.480 |
4 | 17710 | 0.475 |
5 | 11695 | 0.470 |
1 | 311 | 0.465 |
4 | 22691 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 26264 | 3 |
0.490 | 49662 | 2 |
0.495 | 6000 | 2 |
0.500 | 128168 | 7 |
0.505 | 184919 | 6 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
48.5¢ |
  |
Change
0.020 ( 4.48 %) |
|||
Open | High | Low | Volume | ||
49.0¢ | 49.5¢ | 48.0¢ | 166714 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
HZR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online