The AFR article specifically mentions DRO and cites 2 of its products which have been very helpful to Ukraine and its military. It also makes reference to DRO staff which are inside Ukraine currently and training soldiers how to best utilise the equipment. IMHO, I would have to say that you almost have to assume more contracts will emerge in the very short term.
Interestingly, a prior AFR report indicated how DRO is assisting US customs in controlling drug importation from illegal Mexican souces over the southern border wall so that drone usage and defense covers much more than military needs alone.
A good share to have in your portfolio short term and LT, again IMHO.
The AFR article specifically mentions DRO and cites 2 of its...
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Last
87.5¢ |
Change
0.045(5.42%) |
Mkt cap ! $616.3M | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 88.0¢ | 81.5¢ | $9.089M | 10.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 68605 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.5¢ | 120128 | 3 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
86.5¢ |
Change
0.045 ( 4.48 %) |
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| Open | High | Low | Volume | ||
| 83.5¢ | 88.0¢ | 81.5¢ | 4222438 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| DRO (ASX) Chart |