DRO 4.88% $1.72 droneshield limited

Ann: Trading Halt, page-77

  1. 27 Posts.

    FYI
    Government procurement is done by public servants via tender when there is no pre-existing contract which is the case with DRO. The example you have described is a grant which is done by politicians either on a whyteboard or colour coded excel spreadsheet and funnily enough, appear to be done just prior to elections.

    I did like that @Snowtown applied and presented some 'out of the box' analysis in an informative way and looked beyond the long touted Middle East contract. I take my hat off to him.

    I was hoping that this CR was being done for the purposes of buying material for a newly signed contract but like everyone else was sadly disappointed. I don't know how many of the DRO management will partake in the CR but the lack of numbers will be an indicator to the short term prospects of the company. As for me, the exit door is looming on the horizon and of course, DYOR.
    Last edited by ozpaddo101: 06/08/20
 
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