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97.5¢ droneshield limited

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AaronF

51 Posts.

6

06/08/20

18:54

Post #: 46357949
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Originally posted by TerribleTadpole: ↑

From a submission I have made to another organisation...

I allege that:
1) The company's statement on 22-Jul-2020 was deceptive and misleading.
2) The company had a duty to disclose a need for additional capital on 28-Jul-2020 and failed to do so.
3) The reasons stated for raising capital were all foreseeable at the time the earlier announcements were made.
4) The reasons stated for raising capital are insufficient to justify a capital raising, and the directors are acting against the interests of shareholders by conducting it.
5) The structure of the capital raising represents an unethical, opportunistic transfer of ownership to privately selected parties at an unconscionable discount to the market price, and the directors are active against the interests of shareholders by structuring the capital raising in this way.
6) The directors and privately selected parties are colluding to unethically and opportunistically use pandemic-response rule changes designed to assist companies facing genuine difficulties to enrich themselves at the expense of general shareholders.
7) Shareholders have suffered material losses by acting in reliance upon the statements made by the company, which have subsequently proven to be false.

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DRO Price at posting: 13.5¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 97.5¢		Change 0.020(2.09%)		Mkt cap ! $701.4M

Open	High	Low	Value	Volume
98.0¢	98.5¢	94.0¢	$5.136M	5.320M

Buyers (Bids)

No.	Vol.	Price($)
8	31131	97.5¢

Sellers (Offers)

Price($)	Vol.	No.
98.0¢	56134	12

View Market Depth

No.	Vol.	Price($)
8	31131	0.975
19	99533	0.970
19	229316	0.965
16	288342	0.960
14	765102	0.955

Price($)	Vol.	No.
0.980	56134	12
0.985	177516	12
0.990	220750	23
0.995	347573	10
1.000	477197	33

Last trade - 13.42pm 13/05/2024 (20 minute delay)


Last 97.8¢			Change 0.020 ( 2.98 %)
Open	High		Low	Volume
98.0¢	98.5¢		94.0¢	1725005
Last updated 14.00pm 13/05/2024 ?

DRO (ASX) Chart

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