DRO 0.00% $1.31 droneshield limited

Ann: January 2024 Investor Presentation (Updated ASX Title), page-11

  1. 1,081 Posts.
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    4-5 years ago DRO was still in its infancy. It has developed a lot since then, made plenty of progress. Their growth is fantastic and in an industry which is only growing. I mean who the heck honestly can put their hand on their heart and say governments will back off on defence? Drones are the future tactically so there are great tailwinds for a company like DRO. I am not a holder as I was of the impression I would have a few more months before the breakout occurred - you win some you lose some, oh well! DRO has great growth projections and if they pull it off, like they have been these last few years, the PE drops markedly to a point a re-rate must happen or the market is more blind than my old dog at the ripe age of 14. If this has weakness by some miracle for me and drops back to the 35C range, I’ll be allocating a good 5% of my portfolio to this gem. Good luck to those who hold. The next 2-3 years could be very profitable for you all.
 
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$1.31
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Mkt cap ! $1.142B
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No. Vol. Price($)
2 3341 $1.35
 

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Price($) Vol. No.
$1.20 83 1
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