DRO 2.16% $1.14 droneshield limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-39

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  1. 238 Posts.
    lightbulb Created with Sketch. 70
    I just saw i started investing in this in late 2017, seeing a need for products in this space and that DRO had good solutions.
    It was always going to be a long-term proposition.
    It wasn't just a new product and new company, but a new product category, so had little/no existing attention and funding allocated to it by buyers.
    I sold a lot in 2019 when the share price was over-cooked and bought them back at 11 cents 2 years ago.
    So my carrying cost is nil.
    I've said on this site before " Imagine how hard it can be doing business in the Middle East - then double it"
    But deals do get done eventually. And wars speed up the need for solutions. The big deal may still come off.
    I'm happy to keep holding
 
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