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95.0¢ droneshield limited

The Worst Capital Raising Ever, page-34

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Nooby

755 Posts.

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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 95.0¢		Change -0.010(1.04%)		Mkt cap ! $698.7M

Open	High	Low	Value	Volume
96.0¢	97.0¢	93.5¢	$2.757M	2.888M

Buyers (Bids)

No.	Vol.	Price($)
10	21255	94.5¢

Sellers (Offers)

Price($)	Vol.	No.
95.0¢	96121	9

View Market Depth

No.	Vol.	Price($)
10	21255	0.945
16	148041	0.940
8	97554	0.935
11	67579	0.930
5	638278	0.925

Price($)	Vol.	No.
0.950	96121	9
0.955	60300	7
0.960	143040	10
0.965	175667	13
0.970	394240	24

Last trade - 12.16pm 28/05/2024 (20 minute delay)


Last 95.3¢			Change -0.010 ( 0.35 %)
Open	High		Low	Volume
96.0¢	97.0¢		94.0¢	1023116
Last updated 12.34pm 28/05/2024 ?

DRO (ASX) Chart