DRO 7.34% $2.34 droneshield limited

Ann: Outstanding Shareholder Support for Share Purchase Plan, page-35

  1. 4,042 Posts.
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    Not true, there is dilution but it would only be 60c on more orders...and all we has seen since the raise is a 600k order...sorry Jimmy not going to get it to 60c.
    On the SPP - no scaleback equals more dilution, no doubt AND management acting like they were set for serious production, then raising 40mill (after Directors sold on market at 26c) does raise an eyebrow in my books, but so does the order execution from September to January. Directors still have considerable skin in the game too - even after the tax payments.
    Very hard to predict short term volatility - nothing goes up in a straight line. Gotta ride the bumps - Management are due to announce a substantial order to keep the momentum going. By substantial I mean at least 1-2mill, given the language they used prior to the raise. IF there are no substantial orders announced in the next few weeks/month, I will become very suspicious of SP manipulation and ulterior motives from within and externally.
 
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