I don't think it's accurate to say we've not had any contract in the last 7 months.
Short term investors are probably looking at the following:
"7 high probability major near-term contract wins representing ~A$200M"
and trading this. + we are at ATH, a growth business with 0 debt, profitable, with good cashflow.
I believe we're beyond the "waiting for a big ann" stage. Should a large material contract update in the next 1-3 months I expect we wont see as significant as a jump as we have historically as it's now being priced in.
DRO - Chart and TA., page-291
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Last
$1.46 |
Change
0.005(0.34%) |
Mkt cap ! $1.108B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.41 | $13.40M | 9.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23103 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 48725 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.005 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.48 | $1.41 | 2660986 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| DRO (ASX) Chart |