DRO 3.03% $1.36 droneshield limited

For those playing at home, I sold at 89 on open after the SPP...

  1. 1,180 Posts.
    lightbulb Created with Sketch. 1068
    For those playing at home, I sold at 89 on open after the SPP announcement. I considered it a very low risk trade. Some thought that was short sighted.

    I bought back in today at 81. Yes, I only have 10,000 shares, so I'm playing for "parmi and pots" as some put it. Still, I'm $800 up with the exact same investment and at no stage did it look like I was going to be caught out.

    In short, that's a 9% return in under 2 weeks with very little risk. I'm quite satisfied with that, whatever I get accused of.

    I've also subscribed to the SPP in full, and anticipate that I'll make a nice amount on that too. We'll probably stay 80-85 for the coming week. In much more speculative, less evidenced estimates, I am guessing we will see 90c in the first week of June.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
0.040(3.03%)
Mkt cap ! $1.199B
Open High Low Value Volume
$1.32 $1.38 $1.30 $7.303M 5.405M

Buyers (Bids)

No. Vol. Price($)
7 8390 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 55364 11
View Market Depth
Last trade - 12.48pm 30/09/2024 (20 minute delay) ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.