The US demonstration excellent - Oleg spoke about the difficulty in providing customers with demonstrations during COVID and that subsequently impacting the ability to close sales. However, DRO has been able to establish itself as a valid player with the recent EU Police deal lending further credibility to having a workable product.
Not just selling to a single buyer, spread across the US, UK and Europe protects their future revenue diversification. Main concern is those $5-10m orders being further delayed due to COVID. I don't factor in the MiddleEast deal as it might close tomorrow or in 4 years time.
Numbers would have looked better if the $2.7m deal had been paid for but can at least factor that into next qtrly update.
It's a buy from me here - clear pipeline of purchases coming in the next 6 months and defence spending won't be heavily impacted by recessionary forces in the near term.
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DRO
droneshield limited
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$2.67

The US demonstration excellent - Oleg spoke about the difficulty...
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Last
$2.67 |
Change
0.080(3.09%) |
Mkt cap ! $2.335B |
Open | High | Low | Value | Volume |
$2.60 | $2.70 | $2.57 | $34.68M | 13.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14630 | $2.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.68 | 38006 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14630 | 2.670 |
1 | 19781 | 2.660 |
12 | 116945 | 2.650 |
10 | 45386 | 2.640 |
5 | 110731 | 2.630 |
Price($) | Vol. | No. |
---|---|---|
2.680 | 38006 | 5 |
2.690 | 88278 | 7 |
2.700 | 670718 | 90 |
2.710 | 67538 | 17 |
2.720 | 206285 | 28 |
Last trade - 16.13pm 10/07/2025 (20 minute delay) ? |
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DRO (ASX) Chart |