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94.0¢ droneshield limited

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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 94.0¢		Change -0.020(2.08%)		Mkt cap ! $698.7M

Open	High	Low	Value	Volume
96.0¢	97.0¢	93.5¢	$2.390M	2.498M

Buyers (Bids)

No.	Vol.	Price($)
1	7898	94.0¢

Sellers (Offers)

Price($)	Vol.	No.
94.5¢	86978	11

View Market Depth

No.	Vol.	Price($)
11	114726	0.940
8	160568	0.935
11	82300	0.930
4	120049	0.925
9	268196	0.920

Price($)	Vol.	No.
0.945	100266	12
0.950	46423	6
0.955	61571	7
0.960	87325	6
0.965	172540	11

Last trade - 11.33am 28/05/2024 (20 minute delay)


Last 94.5¢			Change -0.020 ( 1.13 %)
Open	High		Low	Volume
96.0¢	97.0¢		94.0¢	941766
Last updated 11.52am 28/05/2024 ?

DRO (ASX) Chart