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
$1.32 |
Change
-0.055(4.00%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.32 | $12.42M | 9.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94692 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 12000 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |