Shaw and Partners is pleased to be appointed as Joint Lead Manager to the proposed capital raising by DroneShield (ASX.DRO).DroneShield is proposing to raise up to approximately A$120 million by way of a single tranche Placement comprising the issue of up to approximately 104.3 million new fully paid ordinary shares issued at $1.15. The offer price of $1.15 represents a 17.3% discount to last close of A$1.39 and a 18.9% discount to 5-day VWAP of A$1.417. Funds will be utilised on DroneShield’s technology development plans and on strategic bolt-on acquisitions.
The offer is available to Australian Sophisticated and Professional Investors only. For more information, please contact your Shaw and Partners Adviser.
Shaw and Partners is pleased to be appointed as Joint Lead...
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Last
$1.31 |
Change
-0.040(2.97%) |
Mkt cap ! $1.138B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.37 | $1.31 | $10.85M | 8.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37050 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 5000 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |