They certainly wouldn't buy 70m of the DroneGun Tactical. They already have $3.2m worth of that product. This deal is likely for large scale asset and infrastructure security. As we saw with the recent attacks on their oil supply by a drone with a payload, that caused several hundred million in damage.
These large contracts take time, DRO is building itself nicely, just as Peter James said, he has seen this both with iiNet and nearmap.
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- Why I am out at 17.5-18c and don't think it is going to 50c
DRO
droneshield limited
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2.28%
!
$3.43

Why I am out at 17.5-18c and don't think it is going to 50c, page-4
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Last
$3.43 |
Change
-0.080(2.28%) |
Mkt cap ! $2.999B |
Open | High | Low | Value | Volume |
$3.40 | $3.44 | $3.21 | $75.77M | 22.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 294 | $3.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.43 | 36554 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 294 | 3.420 |
6 | 27737 | 3.410 |
10 | 30524 | 3.400 |
12 | 42515 | 3.390 |
6 | 78976 | 3.380 |
Price($) | Vol. | No. |
---|---|---|
3.430 | 36554 | 6 |
3.440 | 133532 | 15 |
3.450 | 57149 | 8 |
3.460 | 152750 | 10 |
3.470 | 147266 | 3 |
Last trade - 16.18pm 18/07/2025 (20 minute delay) ? |
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DRO (ASX) Chart |