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88.5¢ 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 88.5¢		Change -0.005(0.56%)		Mkt cap ! $643.6M

Open	High	Low	Value	Volume
90.0¢	90.0¢	88.0¢	$649.7K	728.3K

Buyers (Bids)

No.	Vol.	Price($)
24	113460	88.0¢

Sellers (Offers)

Price($)	Vol.	No.
88.5¢	18237	4

View Market Depth

No.	Vol.	Price($)
4	23706	0.885
18	119015	0.880
11	164592	0.875
20	255256	0.870
11	698143	0.865

Price($)	Vol.	No.
0.895	43418	4
0.900	132840	12
0.905	129000	10
0.910	273129	12
0.915	133579	9

Last trade - 10.16am 09/05/2024 (20 minute delay)


Last 88.5¢			Change -0.005 ( 1.46 %)
Open	High		Low	Volume
89.0¢	90.0¢		88.0¢	385769
Last updated 10.33am 09/05/2024 ?

DRO (ASX) Chart

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