I was actually writing a long hand thoughtful reply to the OP why his post is a load of rubbish, but my PC had other plans and crashed my browser.
Have to give a short summary now - first, to be diluted by this raise you have to have an existing holding of over $180k which is way more than most people invest in a high growth deep tech small cap like DRO.
Second, there are good and bad dilutions and Droneshield one is definitely the forner. Even if you do not participate in the raise your ownership will be diluted, but your per share valie will increase in the long term becase the money is raised fund growth and the ability to fulfil the expected large orders.
Ginally the allegations of insider trading are so laughable they don't even merit a reply.
I suggest that the OP educates himself in basic math and common sense befire posting such nonsense again. Oh and there are plenty of buyers in the market if the OP actually decides to be true to his words and sell the shares.
- Forums
- ASX - By Stock
- The Worst Capital Raising Ever
I was actually writing a long hand thoughtful reply to the OP...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.89 |
Change
0.075(4.13%) |
Mkt cap ! $1.424B |
Open | High | Low | Value | Volume |
$1.85 | $1.90 | $1.84 | $10.16M | 5.450M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 14486 | $1.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 9550 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 19523 | 1.880 |
9 | 51243 | 1.875 |
11 | 46648 | 1.870 |
5 | 24253 | 1.865 |
9 | 60423 | 1.860 |
Price($) | Vol. | No. |
---|---|---|
1.885 | 28156 | 9 |
1.890 | 268488 | 14 |
1.895 | 88210 | 8 |
1.900 | 139211 | 19 |
1.905 | 47065 | 4 |
Last trade - 11.08am 03/07/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online