Another good example of management having more foresight about potential market innovation opportunities and revenue generating opportunities in the next 5 years than the amateur punters had til this announcement. They may not be pulling targets out of their butts with zero foundation after all but may just be aware of opportunities that wont be wildly advertised everywhere but discussed with trusted contractors.
There’s no guarantees of sales with any new tech, but the acquisition of R&D grants from 5 eyes defence funders suggests it’s being taken seriously and shows continual expansion of DRO’s market.
I don’t expect anything other than sales to shift the price upwards right now, but there’s good evidence to say that the company is positioning itself well strategically to allow it to make the type of sales conversant with their revenue targets for the future. One or two more big sales and it’s hard to see the market holding it back.
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Last
$1.45 |
Change
0.040(2.84%) |
Mkt cap ! $1.264B |
Open | High | Low | Value | Volume |
$1.44 | $1.46 | $1.41 | $16.21M | 11.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.45 | 161362 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 1.445 |
1 | 7000 | 1.440 |
3 | 69555 | 1.435 |
2 | 98885 | 1.425 |
2 | 138011 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.450 | 158659 | 14 |
1.455 | 197421 | 17 |
1.460 | 248104 | 27 |
1.465 | 69301 | 3 |
1.470 | 169341 | 18 |
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