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96.0¢ droneshield limited

The Worst Capital Raising Ever, page-59

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Quesoche

865 Posts.

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29/04/24

09:18

Post #: 73551172
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Originally posted by oldtimer2: ↑

After the last director selldown, I bought loads more at 59-60c but reassessed the investment as a trading hold rather than a sit and forget position. So in the runup to $1.12 I did let a third go at between 90c-$1.12 for a couple of my accounts. I was planning to invest this elsewhere but the issue has led me to wait. I was not on the placement list. The spp will only partially replace the stock sold. 80c seems to be the new 59c, as a base level, assuming the order flow continues. The management’s aggressive “build for stock” approach is quite entrepreneurial, but they were right last time, and I for one expect them to have judged correctly again. If so, a significant move above $1 is on the cards this calendar year. I’ve pencilled in $1.30-$1.50 as my new target.

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yeah mate well said. At 1.30, it will be hard to stay in, especially if I can get my SPP allotment.

And on that, I don’t think any of us will.

Any word on what might happen if they are massively oversubscribed and decide to keep say another 50mil or more? Could they do that?

DRO Price at posting: 83.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 96.0¢		Change 0.040(4.35%)		Mkt cap ! $694.4M

Open	High	Low	Value	Volume
93.0¢	96.5¢	90.5¢	$4.196M	4.481M

Buyers (Bids)

No.	Vol.	Price($)
2	12659	95.5¢

Sellers (Offers)

Price($)	Vol.	No.
96.0¢	86423	6

View Market Depth

No.	Vol.	Price($)
2	12659	0.955
2	95000	0.950
2	11000	0.945
5	88079	0.940
3	9651	0.935

Price($)	Vol.	No.
0.960	86423	6
0.965	45134	6
0.970	78600	7
0.975	219444	7
0.980	194418	17

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last 96.0¢			Change 0.040 ( 4.14 %)
Open	High		Low	Volume
92.0¢	96.5¢		90.5¢	1313531
Last updated 15.59pm 27/05/2024 ?

DRO (ASX) Chart