Drone Delivery Canada Corp V.FLT

Alternate Symbol(s): TAKOF

Industrials Aerospace & Defense

Drone Delivery Canada Corp. is a Canada-based drone technology company. The Company is focused on the designing, development and implementation of its proprietary logistics software platform, using drones. The Company’s hardware/software platform is used as a managed service and software as a service business model for government and corporate organizations. It is scalable to operational capabilities 24 hours a day, 365 days a year. It provides a complete turnkey logistics solution, which includes a proprietary software system (FLYTE), hardware and professional services, allowing for an autonomous cargo delivery process from depot to depot. It is focused on servicing a range of vertical markets, including remote communities, Indigenous communities, courier services, retail, e-commerce, mining, oil and gas, healthcare and pharmaceuticals, government, military, shore-to-ship, and construction applications in Canada and potentially internationally.

TSXV:FLT - Post by User

Drone Delivery Canada Corp

Bullboard Posts

Comment by annegelon Mar 11, 2019 12:21pm

127 Views

Post# 29468328

RE:RE:RE:RE:RE:RE:share price target

You don't take the value of the half warrant into account?

GeorgeOU812 wrote: 3 reasons. First, when it happened in 2017 the share price hadn't been diving like it was now. In fact back then it had doubled over the prior month, compared to an approximate 50% drop since a year ago. Second, dilution obviously wasn't a concern back then the way it is now. Third, this week's deal included a huge 7% discount. It's never a good thing when somebody like GMP seemingly believes your share price is overvalued that much, which that discount seems to indicate. Like most people here, I'm not concerned with the price drop because sometime down the road it will likely come back up. But the fact it went from $1.29 down to $1.10 after this week's announcement shouldn't have been a surprise to you.

BasementTrader wrote: I dont know why people assume the stocks going to go lower when there is a bought deal being done at $1.20 with big insitutional money. Back when they did a bought deal in 2017 stock ran 250% after the deal closed...