DRO 24.5% $1.48 droneshield limited

I was one of those saying the sell-off was due to the upcoming...

  1. 695 Posts.
    lightbulb Created with Sketch. 186
    I was one of those saying the sell-off was due to the upcoming 4C last week.

    That was not because of insider trading, just that the result is in the expected range and the stock had got a long way ahead of itself and that this announcement was likely to bring the market back to reality.

    It seemed ok, as the inventory buildup is consistent with a much bigger second half which is what the company has previously flagged.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.48
Change
-0.480(24.5%)
Mkt cap ! $1.124B
Open High Low Value Volume
$1.82 $1.83 $1.43 $67.96M 43.24M

Buyers (Bids)

No. Vol. Price($)
16 25598 $1.48
 

Sellers (Offers)

Price($) Vol. No.
$1.49 20115 5
View Market Depth
Last trade - 14.00pm 22/07/2024 (20 minute delay) ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.