DRO 7.39% $1.09 droneshield limited

Call Options, page-3

  1. 1,854 Posts.
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    I think a 25c strike price is too soft over 3 years. If it was 1 year then maybe. I would hope that they have more faith in their business plan to maintain the strike price at 40c in 3 years. Based on what they are presenting I would expect share price to be well over $1 in 3 years. I don't think setting a low strike price will increase the likelihood of it happening. There seems to be lots in the pipeline, however it will count for nil if they don't convert to contracts. More pressure needs to be put on the Company to achieve that conversion else they need to be called to account at the next AGM.
 
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$1.09
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No. Vol. Price($)
1 25001 $1.09
 

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