I agree Franco. Any shortfall will be taken up from overseas accounts. 8M is a substantial raise and certainly not an amount just to tick them over a few qtrs. I’m expecting FAA this side of Xmas and a few large material orders. That’s just me reading between the lines. I’ll take up my rights and bought some more today.
Yes a raise post FAA would’ve been nice but can also appreciate they need to deliver on current and future orders now. There will be a myriad of orders post FAA from Drone companies.
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-26
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Last
46.0¢ |
Change
-0.010(2.13%) |
Mkt cap ! $69.60M | |||
| Open | High | Low | Value | Volume |
| 46.3¢ | 46.5¢ | 43.0¢ | $53.16K | 120.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8936 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 4999 | 1 |
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| ELS (ASX) Chart |