DRO 2.47% 83.0¢ droneshield limited

Post raise there is predictable oversupply of shares, likely...

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    Post raise there is predictable oversupply of shares, likely from sophos cashing out at a tiny margin but with a large capital investment. Probably takes them a few weeks to sell out without dumping price for a couple hundred grand almost instant profit.

    As LTH we have similar returns though over a longer period and a much lower average so it’s all profit to us, question is how many of us would cash out knowing where we are now? Not many with a view to profit anyway.

    There has been few ASX small caps like DRO, in my time buying many successful companies this is my absolute favourite with an unbelievable equinox of events all cumulating at the same time. It’s a winner for us already and won’t disappoint, these drones are just too cheap and effective for governments to hide.
 
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82.0¢ 83.5¢ 80.5¢ $5.333M 6.520M

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4 20352 83.0¢
 

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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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