DRO 4.75% $1.16 droneshield limited

Ann: DroneShield and Lockheed Martin Collaboration, page-27

  1. 39 Posts.
    lightbulb Created with Sketch. 18
    A cursory search for the number of worldwide US military bases suggests around 750. If we’re the provider of choice, and let’s say an average total base fit out of $1mil (many bases are huge and will need extensive systems while others may not use DRO systems), this is a huge game changer. Even at 10% of such an estimate, it’s huge even without SAAS.

    Mayi, months back you poo-pooed management’s long term sales targets suggesting they had no idea what they would be like. You dismissed that they could have any better knowledge up their sleeves that might inform expectations that the public didn’t. Do you hones Atly think they didn’t know a thing about collaborating with Lockheed Martin back then? About their positioning as best in class on this project?

    Maybe they knew a little more than you did. Maybe, just maybe.

    I know you’ll fall back on saying “they haven’t been awarded any contracts with dollar values yet!”, but if you honestly believe such systems won’t be permanent features on every US base worldwide in the near future, you’re kidding yourself. And after witnessing what happened in Israel, you think they’ll go skimpy options on defence of installations and critical infrastructure?

    They’ll go best in class. And this doesn’t even speak to vehicle mounting. That’s a little more than 750 systems.

    Yes it will take time to manufacture and deploy, but the scale upon which they’re planning and associate sales targets were obviously patently obvious to management.

    Just not to Mayi.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.16
Change
0.053(4.75%)
Mkt cap ! $1.002B
Open High Low Value Volume
$1.14 $1.17 $1.13 $10.38M 9.047M

Buyers (Bids)

No. Vol. Price($)
13 33368 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.16 161287 18
View Market Depth
Last trade - 14.09pm 16/08/2024 (20 minute delay) ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.