Well well well... so Oleg and co went with plan B which was the...

Well well well... so Oleg and co went with plan B which was the plan all a long wasn't it. After the dump on retail they had to switch to institutional financial support to raise capital thereafter. Theres something reassuring, even admirable, in Oleg's modus operandi even if you are on the wrong side of it.


The capital raise has essentially sidelined retail to insignificance - SPP of $5m is tokenistic lets face it. Retail still be used to 'bread crumb' the sp higher for a rinse and repeats no doubt.
BellPotter had a target of 90¢ based on $86m sales CY24 ...yet retail pushed the sp to $1.145 ... ist was irrational exuberance egged on by relentless CX trades

Looking more broadly, the markets could be in for a correction according to Chanticleer in Fin Review, today, and if that happens all I can say is Oleg and its advisors have impeccable timing. Its kind of like watching a jewel heist,,you no its ethically wrong, but you still want them to succeed.

If DRO betters the $86m in sales for CY24 then great!! and may be a shoe in given the macro backdrop of increasing
defence budgets that could see UAV defence systems walking off the shelf ... and they dont have to be the best tech because anything is better than nothing.
Though this has probably been the state of things foe a while,,so why hasn't DRO secured some decent contracts in the march qtr. Thats a concern.
Logic had the sp going over a cliff after a dud march qtr,,but the plans were in place to support the sp and its worked...so far