The company claims that "The second half of the year, and especially the December quarter, have traditionally been stronger periods for DroneShield (investor presentation 22-Jul-2024)", although I haven't been able to verify that. There's nothing in the quarterly reports to show that cash receipts are skewed to the second half. The company stated on the teleconference yesterday that in 2023, 80% of the annual revenue was in the second half, but 2023 was an exceptional year, not a "traditional" year. I plan to follow through on my research this evening.
But taken at face value your flag isn't so red.
The company claims that "The second half of the year, and...
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Last
$1.40 |
Change
-0.055(3.79%) |
Mkt cap ! $1.216B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.37 | $10.72M | 7.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7167 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 10000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |