DRO 6.04% $1.40 droneshield limited

They give a reason, but never quantify it. Did inventories...

  1. 698 Posts.
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    They give a reason, but never quantify it. Did inventories increase by $1 or a $1,000,000? As shareholders we have no idea what these figures are which makes it impossible to assess their cash management and at what level of sales they are likely to become profitable. DRO may have it's own reasons for doing this (which is fine), but if they do the market is certain to value the stock conservatively. To be honest I can accept that in itself, though it becomes much harder to accept when it is combined with 5 year forecasts that are manipulative since it raises the question of what else are they manipulating and what is the real reason they are providing so little data?
 
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