Droneshield (DRO) third capital raise
Hi MM Team, My question is about the new share issue by Droneshield. I keep getting messages about new orders galore, but no mention of profit or dividends. This is the third capital raise in about a year or so. There is 48 page "presentation" about the capital raise, which I skimmed over, but I did not find any reference to profit or dividends. When companies issue huge documents to explain moves, that could have been done on a couple of pages, I always think they hope nobody will read it! What are your recommendations/views regarding participation in the share purchase plan and is there a "chinese wall" between you and Shaws (one of the underwriters)? I do very much value your opinions, John