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1.21%

81.5¢ droneshield limited

The fact that you need to begin your post by a personal attack...

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Mayi

632 Posts.

174

18/04/24

12:29

Post #: 73405864
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Originally posted by TheAnalyst007: ↑

I can tell you aren't exactly the sharpest tool in the shed, so I will try to explain this in a simple way so that you can understand. For a company to grow at the tremendous speed at which DRO has been growing, that takes a large amount of capital. This capital doesn't grow on trees unfortunately, and whilst they are already making a good profit the opportunity for them is now, and they don't have time to wait around to build up their cash balance via profits. As a result, they have gone to the market to get an amount of cash sufficient to grow this company into one valued in the 10s of billions of dollars. The fact you can actually say they have no plan for growth is reflective of the fact that you have not been reading recent announcements, either by choice or more likely due to the fact that you don't know how to read

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The fact that you need to begin your post by a personal attack reveals that you describe yourself far more accurately than me.

I did not say no plans for growth - I said no plans for new expansion. So maybe it is your reading skills that are lacking, particularly since you obviously didn't read the announcement that DRO moved into new premises this year which will allow it to scale up to $500 M in sales.

DRO Price at posting: $1.12 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 81.5¢		Change -0.010(1.21%)		Mkt cap ! $577.6M

Open	High	Low	Value	Volume
82.5¢	85.0¢	81.5¢	$3.592M	4.334M

Buyers (Bids)

No.	Vol.	Price($)
16	214567	81.5¢

Sellers (Offers)

Price($)	Vol.	No.
82.0¢	85477	18

View Market Depth

No.	Vol.	Price($)
16	243196	0.815
29	657465	0.810
25	549429	0.805
69	747935	0.800
28	991555	0.795

Price($)	Vol.	No.
0.820	70070	11
0.825	68080	12
0.830	28844	4
0.835	24690	5
0.840	88091	7

Last trade - 11.02am 01/05/2024 (20 minute delay)


Last 82.0¢			Change -0.010 ( 0.61 %)
Open	High		Low	Volume
82.5¢	85.0¢		81.5¢	1290406
Last updated 11.22am 01/05/2024 ?

DRO (ASX) Chart

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