The fact they announced they intended building for stock in anticipation of future large orders hinted at an expectation that there would be a hiatus between large orders. Its disconcerting that not one large order came home in 6 months that we know of. The share price decline is reflecting this gradual build up of concern about the strategy. In the end, it comes down to whether they truly have a world class product range or will be sidelined by other competitors. They have stressed the first mover advantage they have, and they do have reference sites and customers. As best as I can discover, they do have a good product suite and Epirus seems a good partner.
Ann: DroneShield and Epirus Complete Integration, page-16
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Last
$1.09 |
Change
0.075(7.39%) |
Mkt cap ! $950.5M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.02 | $22.75M | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25001 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 108609 | 10 |
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| DRO (ASX) Chart |