yes of course you are right about this low mkt cap not demanding much more sales than we've seen, hence it finding support at 23c. I suppose I had pencilled in about $100m in sales in 2024, as the J curve effect cut in, so building for stock in anticipation is the sort of entrepreneurial approach I would take if I was highly confident of the product suite and follow through sales. I don't have that insight, so must trust management. A complete hiatus in individual orders over $10m being announced is not inconsistent with this projection, but is testing the nerves.
Ann: DroneShield and Epirus Complete Integration, page-20
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Last
81.5¢ |
Change
-0.035(4.12%) |
Mkt cap ! $710.7M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 87.0¢ | 81.0¢ | $8.202M | 9.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12100 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |