If we didn't have the current macro environment then yes, I would have waited to buy / from what I can tell these guys are ahead of the others in regard to defence Counter drone tech. Most of the sales have come(December and this year) with a pipeline of 200-250 million in sales and recurring revenue. one thing is apparent, the world is uneasy ATM with the war in Ukraine and countries upgrading their defence and DRO seems to be on the radar of Australian and US defence contractors. There is a much bigger market domestically and internationally as well in the private sector with the number of shares on market it's a no-brainer in my view.
If we didn't have the current macro environment then yes, I...
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Last
$1.93 |
Change
0.115(6.34%) |
Mkt cap ! $1.471B | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.93 | $1.84 | $26.96M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100522 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 219038 | 7 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |