DRO 1.13% $1.35 droneshield limited

Ann: $13.5 Million U.S. Government Contract, page-46

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  1. 1,053 Posts.
    lightbulb Created with Sketch. 261
    80 mil justifies the 1 billion, with exorbitant growth expectation well above that, hence the little interest even after today’s ann.

    Traders jumped straight in, expecting it go gang busters but noticed straight away they were selling to themselves. No real momentum of the back of this.

    What we will need for sure if it is to hit its prior marks, is 100mil plus revenue. Otherwise it will stay where it is, and without meeting the expectation it will dive.

    mind you, i am bullish on this one. I expect they have the cash and tools to make it all happen, but there are serious issues on our end here in Oz. US is holding the entire fort, and the CEO of the co is struggling to break into other markets largely due to lack of connections.

    We need an ex military guy, no doubt. Oleg is somewhat smart, shit at models it shows clearly, he should know the best thing for DRO now is for this type of CEO to come in, and he gracefully bow out.
 
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Last
$1.35
Change
0.015(1.13%)
Mkt cap ! $1.172B
Open High Low Value Volume
$1.43 $1.45 $1.35 $20.91M 14.97M

Buyers (Bids)

No. Vol. Price($)
16 239317 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.35 57407 3
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Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
DRO (ASX) Chart
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