The cash they had they had already committed or spent. After the placement they will (only) have $120 mill
"Post transaction pro forma cash balance of approximately $120 million will support the
rapid growth of DroneShield’s R&D programs and fund potential strategic technology
acquisitions.
Assumes placement of $120m, excluding offer costs. Pro Forma cash balance adjusted
for committed inventory spend $45m, expected near-term inventory spend $50m, funding for current R&D programs, additional
inventory requirements and working capital.
The cash they had they had already committed or spent. After the...
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $1.090B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.24 | $488.0K | 391.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 88572 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 55901 | 4 |
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| Last trade - 10.02am 11/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |