They've previously given price estimates they're just bullish on the stock.
Aussie Anti-Drone Co. Expected to Turn Cash Flow Positive Soon (streetwisereports.com) same author - Darren Odell (5/1/22)
"Finally, DroneShield expects to close additional deals this year, at least two sizable ones plus several smaller transactions, wrote Odell.Peloton Capital has a Buy rating and a AU$0.30 per share price target on DroneShield, the stock of which is trading now at around AU$0.0235 per share."
If seen their write up before. As to if the price is realistic - sure, if DRO see increased sales.
DRO - Chart and TA., page-171
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Last
$2.53 |
Change
0.185(7.91%) |
Mkt cap ! $1.898B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.57 | $2.41 | $30.64M | 12.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6384 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 73275 | 16 |
View Market Depth
| Last trade - 13.26pm 15/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |