DRO

4.45%

$1.18 droneshield limited

Ann: Results of Share Purchase Plan, page-53

First 53 Last

Share
Profile

Follow
SirKnight

2,564 Posts.

165

10/09/20

10:21

Post #: 47230090
Share

Originally posted by Pitcher: ↑

If you are asking if I could do what DRO has done then ... yes, absolutely...easily...without even trying
- lose $35m over 4 years
- In the last 1.5 years Peter and Oleg spent ~$12m to get ~$4m in cash -- pretty pathetic and the real reason why they need to raise more
- They said 2019 was just delayed and 2020 was Covid - but the global economy is strong and defense spending is VERY high this year, what will 2021 be?

In my opinion we are watching tons of other guys pass DRO (why they are anxious to raise money and dilute as much as possible while they can) and totally new players are going to be years ahead of DRO shortly (like EOS).

DRO had orders from the US military in 2015 before Peter and Oleg touched the company. Tester units. 5 years later they have not progressed at all (still just selling test units) while 10 competitors have won $500m+ in contracts. DRO is losing so far.... the americans buy testers from almost anyone.

5-10 Cuas producers have big contracts with the US military. DRO has not gotten one. Why have they not? All you seem to do is make excuses. Why did DRO not win Heathrow? or Gatwick? or any other big airport.

Knight, can you remind me how many sales DRO has made through BT in the last 1 year? How much Bosch has done with DRO in the last 2+ years? What about Thales in the last 2+ years? It is not a coincidence that they have 100+ partners and NO ONE is selling their product.

I stand by what I said before -- in my opinion this company's best talent is raising money from shareholders (after what is about to be the 5th losing year in a row).

I am very realistic on all of the companies and funds I own. For some that is optimistic, for some that is pessimistic. For DRO I am pessimistic/hoping for a greater fool to pay me 25c for my shares. I think at least for near term this won't drop too far and it could make a run that lasts a day or two. All my opinion of course.

Expand

You are right about one thing Pitcher - the company is very good a raising money - wanted $1.5 million and got $15M.

I guess if I had of bought at $0.25 many years ago... I would be pissed now. However, I see little point in spreading untruths here - like no patents. I would simply keep my mouth shut wait for the next pump and get out. Which then opens up the question - if the company is as bad as you say... why didn't you sell on the last run to $0.45? And if greed got the better of you - is this your fault, or management?

SK.

DRO Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

VUL

Vulcan appoints investment bank and M&A veteran to board

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

There are more pages in this discussion • 25 more messages in this thread...

First 53 Last

Add DRO (ASX) to my watchlist

(20min delay)
Last $1.18		Change -0.055(4.45%)		Mkt cap ! $1.029B

Open	High	Low	Value	Volume
$1.24	$1.26	$1.17	$14.94M	12.46M

Buyers (Bids)

No.	Vol.	Price($)
3	30300	$1.18

Sellers (Offers)

Price($)	Vol.	No.
$1.19	36921	3

View Market Depth

No.	Vol.	Price($)
3	30300	1.180
8	172511	1.175
20	61829	1.170
9	64221	1.165
20	78125	1.160

Price($)	Vol.	No.
1.185	36921	3
1.190	59841	4
1.195	39839	2
1.200	26426	5
1.205	20000	1

Last trade - 16.10pm 13/09/2024 (20 minute delay)

DRO (ASX) Chart

Ann: Results of Share Purchase Plan, page-53

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Vulcan appoints investment bank and M&A veteran to board

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Results of Share Purchase Plan, page-53

Top Stories

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Vulcan appoints investment bank and M&A veteran to board

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News