DRO droneshield limited

The US demonstration excellent - Oleg spoke about the difficulty...

  1. 731 Posts.
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    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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Last
$2.56
Change
0.100(4.07%)
Mkt cap ! $2.239B
Open High Low Value Volume
$2.46 $2.66 $2.45 $76.54M 29.91M

Buyers (Bids)

No. Vol. Price($)
2 25207 $2.56
 

Sellers (Offers)

Price($) Vol. No.
$2.57 51380 3
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Last trade - 16.20pm 08/07/2025 (20 minute delay) ?
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