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76.5¢ droneshield limited

The Worst Capital Raising Ever, page-34

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Nooby

754 Posts.

53

26/04/24

11:19

Post #: 73521163
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Originally posted by TheAnalyst007: ↑

They've raised at around a 200% premium to where the price was less than a year ago. The raise price was also at a premium to the price only a week prior to the raise, so any investor that had been in longer than a week would still be at a profit relative to the raise price. They are a profitable ultra high growth company that raised to fund further growth as opposed to simply keeping the lights on. There was heavy institutional demand for the raise, these institutions will now have their base positions, from which they will continue to accumulate more on market.

If this is the "worst capital raise ever" and if you seriously think retail have been screwed despite the enormous gains that have been experienced here, you are either very new to the stock market and lack any experience and knowledge as to how it works, or you are deliberately attempting to create a negative perception in relation to the company. The recent AGM results though indicates that investors are very supportive of management, and the strong results they've delivered.

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DRO Price at posting: 83.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 76.5¢		Change -0.030(3.77%)		Mkt cap ! $667.1M

Open	High	Low	Value	Volume
77.0¢	77.5¢	74.5¢	$10.18M	13.34M

Buyers (Bids)

No.	Vol.	Price($)
3	76417	76.5¢

Sellers (Offers)

Price($)	Vol.	No.
77.0¢	162603	7

View Market Depth

No.	Vol.	Price($)
3	76417	0.765
1	131	0.760
12	436447	0.755
53	704772	0.750
25	206858	0.745

Price($)	Vol.	No.
0.770	157103	6
0.775	125000	3
0.780	189187	7
0.785	50110	4
0.790	95150	4

Last trade - 16.10pm 15/11/2024 (20 minute delay)

DRO (ASX) Chart

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