DRO 1.53% 99.5¢ droneshield limited

In the announcement on 30 Jan: “Matt McCrann, DroneShield U.S....

  1. 211 Posts.
    lightbulb Created with Sketch. 103
    In the announcement on 30 Jan:

    “Matt McCrann, DroneShield U.S. CEO, commented, “The DroneSentry-X EFS Kit addresses a huge gap for operators – combining an adaptable Counter-UxS capability with user-friendly features. Our commitment to ease of use is evident in every aspect of the DroneSentry-X EFS Kit, from advanced AI detection to the truly easy to deploy configuration.””

    So much of the product development in DRO is driven by potential customers saying something to the effect of “cool product, we like it, but can you make it do this?” then DRO developing it and bringing it to market so that particular customer can purchase it. It is definitely price sensitive IMO to have the US CEO comment that the product ‘addresses a huge gap for operators.’ How would they know this in a market as new as drone defence unless that is specifically what they are being told what the gap is?

    It is good news that DRO were required to provide this please explain - it highlights the disruptive capacity for their cutting edge tech with the magic letters ‘AI’ sprinkled in to keep inflating the bubble.

    GLTAH
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
(20min delay)
Last
99.5¢
Change
0.015(1.53%)
Mkt cap ! $708.6M
Open High Low Value Volume
98.5¢ $1.01 97.5¢ $3.448M 3.475M

Buyers (Bids)

No. Vol. Price($)
16 62955 99.0¢
 

Sellers (Offers)

Price($) Vol. No.
99.5¢ 11513 8
View Market Depth
Last trade - 11.41am 14/05/2024 (20 minute delay) ?
Last
98.5¢
  Change
0.015 ( 0.51 %)
Open High Low Volume
98.5¢ $1.01 97.5¢ 1533137
Last updated 11.59am 14/05/2024 ?
DRO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.