"I would have to set up a line of credit facility of something in the range of $10-20 M"
So due to our small size, and lack of profit track record there weren't any other viable options to validate this. This has been the commentary from DRO and i've validated it against my friends who are Traders, as well as Debt Capital Markets managers.
I'm sure there are some kinds of options out there, but they'll be at unfavorable rates with unacceptable covenants or conditions. We will likely see this change in the future but unclear on when to expect that. As such, need to factor in Captial raise dilution in future.
DRO is a hold for me here. I've reduced my holding this year by about 20% and would sell another 10% to trade if we go back into a holding pattern but given the likelihood of significant sales in the near term I don't see a reason to sell.
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Last
$1.18 |
Change
-0.055(4.45%) |
Mkt cap ! $1.029B |
Open | High | Low | Value | Volume |
$1.24 | $1.26 | $1.17 | $14.94M | 12.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 30300 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 36921 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 30300 | 1.180 |
8 | 172511 | 1.175 |
20 | 61829 | 1.170 |
9 | 64221 | 1.165 |
20 | 78125 | 1.160 |
Price($) | Vol. | No. |
---|---|---|
1.185 | 36921 | 3 |
1.190 | 59841 | 4 |
1.195 | 39839 | 2 |
1.200 | 26426 | 5 |
1.205 | 20000 | 1 |
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