i think they are getting like 200k in funding and if it goes well it could turn into maybe 1-3m in sales. but that is a big if. my guess is that DRO is starting to discount also as the market is now entering a 'race to the bottom in pricing' so i really want to see what the 6 month financials look like in terms of profit and cash flow.
my problem with DRO is what a few others are saying. It is so diluted and only going to get more diluted. I bet there are 500-600m shares and options on Issue by the end of 2021 and 700m by 2022. so good news as good as it is can't really show up in share price unless it is. well really good.
i think they are getting like 200k in funding and if it goes...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.72 |
Change
0.080(4.88%) |
Mkt cap ! $1.311B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.74 | $1.63 | $19.21M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 49024 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRO (ASX) Chart |