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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$2.56

The US demonstration excellent - Oleg spoke about the difficulty...
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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. |
---|---|---|
$2.57 | 51380 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25207 | 2.560 |
2 | 54313 | 2.550 |
6 | 206221 | 2.540 |
3 | 24600 | 2.530 |
8 | 12193 | 2.520 |
Price($) | Vol. | No. |
---|---|---|
2.570 | 51380 | 3 |
2.590 | 15861 | 2 |
2.600 | 157440 | 17 |
2.610 | 337381 | 13 |
2.620 | 45266 | 5 |
Last trade - 16.20pm 08/07/2025 (20 minute delay) ? |
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DRO (ASX) Chart |