DRO

3.77%

76.5¢ droneshield limited

DRO - Chart and TA., page-1162

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Quesoche

1,109 Posts.

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09/06/24

16:03

Post #: 74237457
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Originally posted by Futurist88: ↑

That’s exactly why I don’t trade this stock.
Nobody holds all of the cards except for the board and even then certain information would be secret and compartmentalised on a need-to-know basis. Let’s look at what we do know:

- Cutting edge technology company producing high end defensive devices in a rapidly expanding market with global demand

- 10 year head start on the competition with research and development and 4th generation product lines

- Repeat orders from customers like the US D.O.D with their total budget of $849.8 billion

- $500m sales pipeline, including an imminent order from NATO potentially worth more than the entire revenue of 2023.

- $170+ million in cash reserves for rapid inventory scale up and further development of products

- Drone warfare has upended the delicate balance of power on the battlefield and the threat affects every conflict region in the world

- The protection of civilian infrastructure from drone attacks is an entirely separate source of revenue to military use and potentially several orders of magnitude larger, over the medium-to-long term

There’s about a dozen other points I could include here that make up the reason why I continue to hold DRO. I believe the revenue targets the board has indicated of $3-$500m are not only possible but will be seen as conservative in just a few years time. Just look at what they have achieved in the part 3 years!

Barring a black swan event like ‘world peace’ I can’t see the demand for drone defence dropping off. I’m pleased this company is finally getting decent recognition for their worth as an Australian manufacturer. There’s no reason why a home grown company can’t lead the world in this space.

GLTAH

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Its that Nato announcement that needs to drop.

Anything over 50 million at this point would be the perfect catalyst for the rush. Oleg better be hammering the sales side at this stage, he’s about to make all Droneshield employees very rich (if they’re lucky enough to have RSU etc).

DRO Price at posting: $1.30 Sentiment: Buy Disclosure: Held
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(20min delay)
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

No.	Vol.	Price($)
3	76417	0.765
1	131	0.760
12	436447	0.755
53	704772	0.750
25	206858	0.745

Price($)	Vol.	No.
0.770	157103	6
0.775	125000	3
0.780	189187	7
0.785	50110	4
0.790	95150	4

Last trade - 16.10pm 15/11/2024 (20 minute delay)

DRO (ASX) Chart

DRO - Chart and TA., page-1162

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DRO - Chart and TA., page-1162

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