That is a good point. Given their pipeline I would expect additional sales are coming but makes sense to book it post July. Creating a great platform for 2025 FY.
Once sales are announced and investors can see the benefits of the increased scale this should help allay question marks about the size of the capital raise. Although I thought it was a little excessive at the time and felt that could have used a combination of debt and equity to fund their growth.
Droneshield - Outlook, page-4
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