The main issues with DRO:
- No moat. I believe it is already lagging behind competitors, based on significantly larger pipeline, yet not much converstion to sales
- Market too hot. Believe it or not, too much demand of anti-drone product is bad for DRO. It will attract big players entering the market and they have.
- The 200m cash will burn out quickly with increasing wages and sales cost, and don't forget, millions of fees each quarter for Bell Potter.
The main issues with DRO:- No moat. I believe it is already...
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Last
76.5¢ |
Change
-0.030(3.77%) |
Mkt cap ! $667.1M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.5¢ | 74.5¢ | $10.18M | 13.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 76417 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 162603 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |