Not quite news, but wasn't sure where else to put this. Well...

Not quite news, but wasn't sure where else to put this. Well articulated video 3 Core Concepts (youtube.com)(its not me - author says they started covering DRO earlier this year)

I don't expect we will sit at 80c for the next qtr but if we look back to the last capital raise in 9 March 2023 that exactly what happened. The lowest we hit was 28c until 25 May - after which we backslide until 22c in late June before shredding up back to 30c by mid July (tax cyclical).

My expectations are based on the expectations of a few conditions:

1. The SPP needs to be scaled back. I suspect there will be strong interest in the SPP beyond the $5m they're seeking to raise. Last raise we were massively oversubscribed with many expecting a scaleback. This hurt SP growth for the following qtr with many shareholders frustrated with the significant dilution
2. Sales need to materialize as expected. The author did note this (if we maintain current levels of sales and profitability we will edge up) July was the big month last year for us so we might be in for a long wait. As i noted above we had 3 months of waiting before the SP weakness impacted. Lots of posts on HC at the time saying Oleg needs to make sales urgently etc etc. Classic impatience of Retail investors and I assume many started to give up or tried other more short term options.

Great video tho, really enjoyed the articulation of opinions which were easy to digest and added another layer of perspective.