DRO 13.3% $1.96 droneshield limited

Ann: Quarterly Update and Appendix 4C, page-23

  1. 6,342 Posts.
    lightbulb Created with Sketch. 379
    The more I read Deal #1 the more it sounds like the product and basic structure on how to deliver etc. has been decided on and it is just the final contract clauses appeasing government officials that is outstanding.

    More so, not sure if anyone has summed all these up however within the periods below, DRO stand in the following ranges of contracts being signed.

    3 Months - $65.5 M - $80.5 M
    6 Months - $12 M - $19 M
    9 Months - $5 M - $10 M

    All totally a range of $78 M to $109.5 M, this is not including any of the smaller contracts that are in discussions lower than the values mentioned on the table of the report. That is almost and possibly twice our current MC of $94 M, a hell of a lot of upside especially in the next 3 months. More so, once DRO gain more of the market we can expect more and more of these deals cropping up.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
$1.96
Change
0.230(13.3%)
Mkt cap ! $1.494B
Open High Low Value Volume
$1.76 $1.96 $1.75 $44.95M 24.04M

Buyers (Bids)

No. Vol. Price($)
2 301 $1.96
 

Sellers (Offers)

Price($) Vol. No.
$1.96 33034 8
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.