DRO 3.80% $1.14 droneshield limited

Ann: Successful Completion of $120m Underwritten Placement, page-168

  1. 992 Posts.
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    Looks to me they were all bought by sophos and insos both domestic and abroad.

    Interesting that 20 million has been put aside for strategic acquisitions. Might be the case of buying out some of the smaller competitors.

    Sophos have no rush for money, wont sell out of fear from a month of movement. Deffo wont sell at a loss from 1.15c so who is selling is an easy question and answer.

    Looking like we’ll have another Altium/Wisetech in the making here. No doubt bell potter target at 1.60 is a stone’s throw away.
 
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