Australia's largest stock trading and investment forum Australia's #1 stock forum

DRO

Click for more information

11.0%

85.0¢ droneshield limited

Agree with all said apart from Revenue. I believe a 13M order...

First 4 Last

Share
Profile

Follow
Syadyppah

1,464 Posts.

741

25/02/21

17:06

Post #: 51332401
Share

Originally posted by specvestor: ↑

Decent update. Few things I was looking for.

Pipeline:
US High conviction number is low ($1.3m) and the total pipeline of $13.1m is a bit lower than I expected.
EU High conviction pipeline is decent ($11.3m) which combined with UK pipeline ($11.7m) looks very attractive.

The Middle-east update is in line with my expectations. That is, it might happen - it might not, and continues to be to my view worth $0. The lack of payment remains a concern.

Given I discount the ME deal - I believe their High Conviction pipeline to be $30.9m (v. $116m total pipeline) - this is primarily to reliable and wealth countries. I'm positive on this. Assuming a 30% conversion rate i'll expect to see revenues of between $9-12m for FY21.

Net Tangible Assets of 6c per share is decent for a speculative/growth company.

I don't think this will see material shift in share price. Likely can continue to acquire around the 16-17.5c range.

Expand

Agree with all said apart from Revenue. I believe a 13M order book was already received. I'm thinking around $15 - 20M this FY.

DRO Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

PFE

Pantera begins drilling of maiden test well at Smackover

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

There are more pages in this discussion • 47 more messages in this thread...

First 4 Last

Add DRO (ASX) to my watchlist

(20min delay)
Last 85.0¢		Change -0.105(11.0%)		Mkt cap ! $741.2M

Open	High	Low	Value	Volume
95.0¢	95.0¢	84.5¢	$17.80M	20.21M

Buyers (Bids)

No.	Vol.	Price($)
4	37993	85.0¢

Sellers (Offers)

Price($)	Vol.	No.
86.0¢	349403	7

View Market Depth

No.	Vol.	Price($)
3	27993	0.850
8	170951	0.845
22	114132	0.840
6	170776	0.835
11	71818	0.830

Price($)	Vol.	No.
0.860	349403	7
0.865	96001	3
0.870	221902	9
0.875	219438	4
0.880	2948	1

Last trade - 16.10pm 07/11/2024 (20 minute delay)

DRO (ASX) Chart