Mate. Seems like all you have is petty name calling and...

Mate. Seems like all you have is petty name calling and absolutely no real analysis.

1. DRO had $4m in cash. They didn't need to raise the maximum around $10m. To fill tiny orders. If you think so then $750k in orders must be unforeseen. Which is very said for a company with $50m+ in MC and $5m+ in costs.

2. If you think my math is garbage please provide your own instead of worthless commentary.

DRO seems to have at least $6m in costs ex-production
DRO is hiring and increasing costs. Let us assume cost base goes to $8m per annum.
Let us assume that DRO makes 50% margin on products. Prices are getting more competitive.
Let us assume that DRO pay brokers 20-25% of revenue.
Therefore DRO needs $16m in non-intermediated sales to breakeven or $20m in sales through brokers to breakeven.
Lets pick $19m because most of DRO sales have been going through brokers lately. That means they need $365k in sales a week or a sale like this. $750k. every 14-15 days to breakeven.
Until they can do that they will just keep coming back for more capital raises and diluting more.

3. The big timers list is objective. What is your definition? All of the former biggest holders have left. As many people have said on this forum. They all could have kept their shares if they believe in the company. Now what you have is more small holders.
Eagles View, gone
Regal. gone
Bergen gone.
Brian Hearing. gone.
John Franklin. gone.

4.You seem to have a very very low standard for a ripper. DRO has not been anywhere close to breakeven and is raising as much as they can because they are hemorraghing money. They can't get grants from the AU government and Covid money from the US every month. The investors have spoken. DRO IPO'd at 20c 4 years ago and is way down while the market it up. Oleg took over when DRO was at 45c and the market thinks it is now worth 70% less. People understand what is going on and are adjusting share price accordingly.

I welcome you to change your usual stance and add some analysis around breakeven top line for DRO or why DRO is losing institutional investors or why tens of companies have won over $10m in anti-Drone contracts since 2019 but DRO still has not done that cumulatively since 2016. Or you can just resort to your usual name calling.