DRO 7.34% $2.34 droneshield limited

Ann: US Department of Defense Funding, page-28

  1. 46 Posts.
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    Can't be too greedy. I made a few $k in under 30 mintues...

    Here is what I know:
    DRO is likely getting $50-250k to develop a platform for the US govt
    That will hopefully result in some sales (uncertain the amount, could end up being none if it goes poorly, would like guidance on what they expect the sales to be, but my confidence is low since they told us they expected European Police orders by last June)

    A lot of people already supply the US govt and have contracts worth anything from thousands to over $100m
    Even the ones who supply the US with $10m every year (And I doubt DRO gets anywhere close to that) are not worth that much on that basis alone.
    I was able to sell my shares at 18c which is a valuation of nearly $80m which is a bit mental... I am thrilled.
    I think DRO is maybe worth 8-10c a share.... so I am partial
    I am more worried about holding expensive DRO shares than trying to drip every penny out of it.
 
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