I don't agree with your comment "suddenly" there are these sales. We had this discussion when the financials were released and in my view this information was disclosed then. I appreciate you were not convinced about the way the results were presented and that is fine. IMO the information was there for around $30M of contracted orders for 2024+.
It is clear to me that as DRO has grown they have lifted the threshold of what is material. I am guessing it is $5M+ now.
You mentioned the $2.2M order to Europe last week. Again, IMO the only reason this was released to the market is because it is part of a potential larger recurring order in the future. I believe this is the first order for the European customer mentioned in the Oct quarterly where it said they were in discussions for a $30M+ framework agreement staggered over 24 and 25.
great news today!
Ann: $13m Progress Payment, Surge in Cash Receipts, page-15
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Last
$1.42 |
Change
-0.130(8.39%) |
Mkt cap ! $1.082B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.55 | $1.41 | $47.97M | 32.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 73667 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 12500 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |