DRO 7.34% $2.34 droneshield limited

Ann: DroneShield Awarded $2.2 Million for Portable Counter-UAS, page-39

  1. 22 Posts.
    lightbulb Created with Sketch. 3
    This is probably accurate so we will see around 7.5mil of it show up this year making 7.5+11+2+ whatever else was too small to announce.

    Go back just 6 months and we would be ecstatic over a 5mil order when revenue for 2021 was only 10 mil. But now we had those big ones so order announcements now need to be huge. But when the half year shows the 20.5mil above plus any other orders compared with 16.9 for whole year 2022 it may move another leg up. I wouldn't say no to some more big sales though but pretty sure that is a matter of time.

    Other question is margins and profit. With the inventory build will need to sell it or look bad on paper.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$2.34
Change
0.160(7.34%)
Mkt cap ! $1.784B
Open High Low Value Volume
$2.21 $2.35 $2.15 $48.00M 21.22M

Buyers (Bids)

No. Vol. Price($)
3 3150 $2.33
 

Sellers (Offers)

Price($) Vol. No.
$2.34 25989 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.