DRO 7.39% $1.09 droneshield limited

Ann: US Department of Defense Funding, page-37

  1. 46 Posts.
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    Gotta read mate. I did now own DRO yesterday. It doesn't meet my requirements for my long-term portfolio (a company I could buy and then not look at for the next 5-10 years and sill feel confident, good cash flow, management that I trust).

    So instead I look to scalp DRO. I did not own DRO. I saw the announcement and immediately bought at 14.5c and got out at a profit and now I do not own DRO. If I had to keep DRO for 5 years at 14.5c I would not have made the trade. I will probably do the same at some point in the future. a quick scalp. In fact it is what most traders are trying to do on these high volume days. probably 80-95% penny flippers and momentum traders with a few medium to long-term holders mixed in.
 
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Last
$1.09
Change
0.075(7.39%)
Mkt cap ! $950.5M
Open High Low Value Volume
$1.08 $1.09 $1.02 $22.75M 21.58M

Buyers (Bids)

No. Vol. Price($)
1 25001 $1.09
 

Sellers (Offers)

Price($) Vol. No.
$1.09 108609 10
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
DRO (ASX) Chart
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