The Saudis. who haven't been paid DRO yet as far as we know. asking for cash backing would be quite funny. I mean if they paid the 3 million they owe DRO than the raise would not be necessary. They were only asking for a 3m bond.
Would you secure more money to send someone more guns when they have not paid for the first round? I would be asking them to put down a deposit!
At any rate the solution would either be to secure a loan or line of credit or to pro-rata to all existing shareholders. We will see.
The Saudis. who haven't been paid DRO yet as far as we know....
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Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 25989 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |