DRO just raised $100m in Mar to build inventory for the magical $200m sales that looks had fell through, inferior products to be written off? have to raise another $120m in July to develop a second generation products to compete, when is that to come?2026? only $24m sales H1 2024 while DRO had the biggest market hype of the year on ASX, directors dumped 99% shares at 68c, one would be a big fool to still hope that the magical $200m sales is coming. Do you?
On the other hand, I cashed out DRO at close to $2, reinvested for ‘a lot of’ FBR shares at sub 3c! At the same time, DRO down from $2.70 to 90c, all the opportunity cost! Go FBR!
Yep you don’t need to agree with me.
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Open | High | Low | Value | Volume |
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5 | 405321 | 4.2¢ |
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Price($) | Vol. | No. |
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8 | 644471 | 0.043 |
4 | 557000 | 0.042 |
6 | 656464 | 0.041 |
11 | 1304083 | 0.040 |
5 | 739640 | 0.039 |
Price($) | Vol. | No. |
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0.045 | 408516 | 4 |
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0.048 | 1589335 | 5 |
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