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DRO

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5.06%

93.5¢ droneshield limited

LOL - that's funny coming from the biggest halfwit on this forum

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Tigerking

699 Posts.

97

18/04/24

13:29

Post #: 73407087
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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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LOL - that's funny coming from the biggest halfwit on this forum

DRO Price at posting: $1.12 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 93.5¢		Change 0.045(5.06%)		Mkt cap ! $698.0M

Open	High	Low	Value	Volume
94.0¢	97.5¢	92.5¢	$5.575M	5.880M

Buyers (Bids)

No.	Vol.	Price($)
12	104511	92.5¢

Sellers (Offers)

Price($)	Vol.	No.
93.5¢	36458	7

View Market Depth

No.	Vol.	Price($)
14	135061	0.925
17	144214	0.920
11	225949	0.915
11	736906	0.910
6	77443	0.905

Price($)	Vol.	No.
0.935	63911	13
0.940	104168	11
0.945	113588	11
0.950	170579	11
0.955	206812	5

Last trade - 13.34pm 22/05/2024 (20 minute delay)


Last 93.0¢			Change 0.045 ( 3.97 %)
Open	High		Low	Volume
93.5¢	97.5¢		92.5¢	2402059
Last updated 13.54pm 22/05/2024 ?

DRO (ASX) Chart

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