DRO 7.39% $1.09 droneshield limited

Ann: Multiple European Government Orders, page-17

  1. 7 Posts.
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    Hey guys, I hope you’re all right & this triggers some positive sales momentum for the business. However, after the recent AGM “well funded for foreseeable future” - 4 days later cap raise, I am skeptical of mgmt. Playing devil’s advocate, could the timing of this announcement raise questions? If the share placement was undersubscribed, it’s a terrible look for the company. This announcement whilst positive, is not a very large sale (thought they weren’t announcing on those anymore) but will virtually guarantee SPP is fully subscribed.

    Again, hope I’m wrong but just wary after recent events.

 
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