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2.12%

92.5¢ droneshield limited

2/3 conversion is very high for a sales pipeline. 1/4 conversion...

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guestjj

336 Posts.

28

08/02/23

10:20

Post #: 66131001
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Originally posted by ronme: ↑

If you have $19mio in contracts signed to deliver and circa $200mio in the pipeline unsigned I would be bitterly disappointed in my sales staff if they did not convert at least 2/3's of these unsigned contracts into signed contracts.
My suggestion is watch this space for further ASX announcements on additional signed contracts that maybe larger than the recent two $11mio ones.

But do your own research and make your own investment decisions and don't blame everyone else if it all goes wrong. I have got my share wrong especially when something comes out of left field that none of us expected.
Own your investment decisions.

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2/3 conversion is very high for a sales pipeline. 1/4 conversion is pretty good. 1/2 will be brilliant. Usually it is 1/10 an average but I assume that the DRO sale pipeline is more robust than average.

DRO Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 92.5¢		Change -0.020(2.12%)		Mkt cap ! $668.9M

Open	High	Low	Value	Volume
94.0¢	96.0¢	90.0¢	$5.690M	6.111M

Buyers (Bids)

No.	Vol.	Price($)
2	29452	91.5¢

Sellers (Offers)

Price($)	Vol.	No.
92.5¢	78000	2

View Market Depth

No.	Vol.	Price($)
2	29452	0.915
2	4332	0.910
9	18346	0.905
7	133310	0.900
5	43022	0.895

Price($)	Vol.	No.
0.925	78000	2
0.930	104323	4
0.935	123107	4
0.940	100000	1
0.945	85833	4

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 91.5¢			Change -0.020 ( 2.77 %)
Open	High		Low	Volume
94.0¢	96.0¢		90.0¢	2635330
Last updated 15.59pm 16/05/2024 ?

DRO (ASX) Chart