DRO 0.76% $1.32 droneshield limited

Ann: $13m Progress Payment, Surge in Cash Receipts, page-15

  1. 1,576 Posts.
    lightbulb Created with Sketch. 34
    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!
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.