DRO 5.73% $1.32 droneshield limited

DroneShield (DRO) Discussion Thread, page-429

  1. 8 Posts.
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    Hi All,

    Longterm holder of DRO here, first time poster. I've been holding since about 21c, sold the initial investment at about 70c, then took profit at about $1.5. However I still have a substantial holding, so I am by no means a downramper. However, at these prices I do have to wonder if this is a pump and dump. We have forecast $100 million revenue this year, a current P/E of about 90, and Olegs goal is to reach annual revenue of 500million in 4 years (i think, correct me if i'm wrong). So we are currently sitting on about 3x multiple of forecast earnings growth. I feel like the growth potential here is fast becoming already priced in.
    Just after some thoughts on where people see the market cap getting to and what people feel is a fair value market cap.
 
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