As I have mentioned quite a few times before DRO is too small for me to have a meaningful holding. At current prices I could already buy back in and collect a bit of cash or increase from my previous holding.
It's also funny that if I make a comment that people don't like (I'm cautious on the stock not negative) it is because I want to down ramp the stock. No one said that when people were suggesting that DRO should be between 40-90c it was because they wanted to sell down. I've never once attempted to said the price should be 15c or whatever. I never make such predictions because I don't pretend that I can predict stock prices.
It is true that circumstances change, but if you look at the number of upgrades compared to downgrades it tells a pretty damning story. Upgrades in the microcap space are exceptionally rare. Downgrades are really common. I explained the reasons for that above. Hence my caution. My intention was to teach people stuff that took me a long time to learn.
I guess my question is why do people become upset when anyone talks about risks? Surely, that is an important part of investing. I would argue the most important part. My bad years are always when I get wiped out on a stock. I am also perplexed at people constantly misrepresenting my position and saying I am really negative. I have never suggested that DRO was a sell. My position is that it has a good sales trajectory and that I am finding it virtually impossible to quantify the risks and value the stock. I am also nervous because the risks are real but most shareholders seem to be ignoring them.
As for my personal holding, the big question is should I attempt to get back in before the 4C is released in a couple of weeks. I have been tossing that one up for a while.
- Forums
- ASX - By Stock
- DRO
- Ann: DroneShield releases DroneSentry-X Mk2
Ann: DroneShield releases DroneSentry-X Mk2, page-49
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
|
|||||
Last
$1.21 |
Change
0.040(3.43%) |
Mkt cap ! $1.029B |
Open | High | Low | Value | Volume |
$1.17 | $1.21 | $1.16 | $6.047M | 5.108M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 58894 | $1.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 18660 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 62180 | 1.195 |
6 | 89624 | 1.190 |
6 | 73058 | 1.185 |
8 | 84267 | 1.180 |
8 | 141516 | 1.175 |
Price($) | Vol. | No. |
---|---|---|
1.200 | 79 | 2 |
1.205 | 29711 | 5 |
1.210 | 102582 | 12 |
1.215 | 119338 | 10 |
1.220 | 400745 | 15 |
Last trade - 11.42am 19/08/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |