I am a very big fan of DRO operations and its technology but I do get a little frustrated with the high conviction pipeline detail. If you look back at the Sep 2020 Quarterly report DRO call out 100million of expected contracts and their vaule. I would suspect after 12months, the majority of these contracts have been awarded.
I would like commentary from DRO why we didnt win these contracts and what we are doing to address these issues for future tenders.
For instace, a statement like below in their upcoming Quarterly would be helpful.
"DRO was unsuccessful in the bidding process for the rollout of the drone protection for UK prisons. Feedback received was DRO did not meet the requirement for XXXX and XXXX. DRO are currently working through this feedback to help secure future prison contracts'
DRO chart, page-864
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Last
$1.35 |
Change
0.015(1.13%) |
Mkt cap ! $1.186B | |||
| 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 |