DRO droneshield limited

Thanks for the comments.Firstly whilst I agree with your...

  1. 213 Posts.
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    Thanks for the comments.

    Firstly whilst I agree with your comments, I don't see that the original poster's hyperbole required a fact-checking discussion.

    To me, the main points the original poster was making were that:
    1. DRO hadn't done much research to set the price at what would be best value for the shareholders.
    2. A lack of reasonable inclusion by existing shareholders in the share issue.

    Both these points I agree with. The designated amount of shares in total that retailers can buy is $5M which is about 1% of the market value (although this may increase at Borad discretion?)

    From my perspective the share issue is somewhat confusing; and it is then difficult to know how many shares to buy.
    Clearly if they had sought more money (indeed probably all of $100m) from existing shareholders they probably could have done it.

    I still think the best action plan by shareholders is to write letters to DRO. I agree that an ASIC intervention is pointless.

 
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(20min delay)
Last
$1.70
Change
-0.025(1.45%)
Mkt cap ! $1.486B
Open High Low Value Volume
$1.68 $1.75 $1.64 $18.78M 11.07M

Buyers (Bids)

No. Vol. Price($)
2 35500 $1.70
 

Sellers (Offers)

Price($) Vol. No.
$1.70 75979 2
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
DRO (ASX) Chart
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