I am wondering why Bergen Asset Management, John Franklin and Regal Funds all recently sold some of their shareholding within the company?? This kind if thing could been seen as a red flag unless there is a good reason behind it. IS this a case of bad decisions made by the major shareholders or do they know something that newbie investors don't know? Can someone please enlighten me.
If things are going well and DRO is heading in the right direction why would the co-founder and major shareholders sell down before the capital raising just before DRO about to take off ?? See what I did there ,You know Drones, taking OFF (Never mind)
Before I get labelled a "doubter or a nay sayer" please note I do own DRO shares and I am considering buying more. As an investor I have every right to be concerned and doubtful. Over to you fellow Dronesters, feel free to dissect.
I am wondering why Bergen Asset Management, John Franklin and...
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Last
$1.09 |
Change
0.075(7.39%) |
Mkt cap ! $950.5M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.02 | $22.75M | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25001 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 108609 | 10 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |