DRO 1.13% $1.35 droneshield limited

Ann: $13.5 Million U.S. Government Contract, page-48

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  1. 1,120 Posts.
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    Rome wasn’t built in a day. Last year was 55mil, this year assume 80 and then if the year after that can be 120 etc then we are onto something. Point is we need YoY growth, but we ain’t gonna get 55 > 100 > 170 etc. I’d like that but we gotta be realistic lol.

    It seems people are used to the crazy ride it had 4 months ago, however we both know that’s not the reality.

    In a way, I’m glad we don’t have it because the faster it goes up the quicker it’ll come down (as we saw). This is now behaving like a normal stock that requires revenue to back it, and a little bit of world/industry events to drive it from time to time.

    5 years from now this could be trading at $10 or it could be back to 50c. One way or another I don’t see it just sitting at $1.30 between now and then.

    DRO is a profitable business operating in a hot industry with a SaaS model being incorporated into its revenue stream.

    Time will tell where it goes, but for the long term, seeing repeat orders like the above is significantly better than a daily movement of the SP by 5%. Remember earlier in the year this shot up 10% due to the NATO Ann (that ain’t sustainable lol).

    If this Ann didn’t move the SP, so be it. Eventually continuous repeat orders and large sales will drive the SP up.
 
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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) ?
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