DRO 1.85% 79.5¢ droneshield limited

A bit suspect.., page-23

  1. 3,721 Posts.
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    Speaking of patience...

    I was having a look at the EOS chart going back to the start, late 2000.
    If you had bought in near the top around 2005, and held, the last 14 or so years would have been very unpleasant for you!
    Only in the last few months has SP really taken off.
    SP reflects their massive backlog of orders, rather than their balance sheet - which is STILL loss-making!
    Hence the capital raise they just completed.

    By comparison, I expect to see DRO turn a profit in
    Q4 2019, and moreso in H1 2020, as all the work comes to fruition.
    Thus actually justifying its SP, which by mid next year should be double where it is now...
 
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