I won't dispute the idea that DRO is a trading stock. I lack the experience and knowledge to understand what gets classed as a trading stock and what doesnt.
As for proof of DRO being used in a warzone - you can see their own case-studies here: Our Case Studies
Additional examples are outline here: Low-cost detect and defeat systems can support the DoD's goal of making every servicemember counter-drone capable - Breaking Defense
If you want more assurance before you'd invest, that's your call however, keep in mind that militaries generally seek to keep the arms they're using (particularly the technology they use) quiet due to obvious reasons. DroneShield recently secured a significant sale in the Asia-Pacific region, receiving a package of five separate contracts totaling $32.2 million from an in-country reseller for delivery to a military end customer in an Asia-Pacific country (Ref: DroneShield wins $32.2m counterdrone order from Asia-Pacific military government department). Unsure how much more evidence you want to refute the idea they're some kiddies toys. They're a serious contender and are positioned to benefit from the global increase in demand.
As for pricing in - this is always a tricky call. It depends how MUCH of a win has been priced in by the Institutional investors who've been buying (ref to the DRO Broker data thread for evidence this is correct). Retail are net-sellers and have been since we started the run. Is $20m priced in? $50m? $100m? I expect it'll vary across the different analysts. I wouldn't be shocked to see us re-test $1 if the contract win is seen to be too small.
The main difference between today and last year is the substantive pipeline growth, sales growth, and potential imminent Land156 win. We got up to $2.60 on hype for EU sales - so it's not unreasonable to think we're on a similar hype run especially with people calling for a time-bound price being hit (classic hopium). That there are hopeful holders doesn't make the gains unsubstantiated though i'd not point to the broker data to say "See we're all good!" because instos will run for the door faster than retail can should the game change.
I like Droneshield, I like their products, i like the positioning and growth prospects of the company and I like Oleg. Does that mean it's a good buy here at $1.91? No idea.
I enjoy this thread for those who post their charts and predictions. I'd politely ask if people aren't posting TA to perhaps rethinking if what they're posting is adding value, or adding noise. If the former - go ahead, if the later maybe just park it.
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I won't dispute the idea that DRO is a trading stock. I lack the...
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Last
$1.91 |
Change
0.100(5.52%) |
Mkt cap ! $1.670B |
Open | High | Low | Value | Volume |
$1.83 | $1.93 | $1.79 | $33.62M | 18.12M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 276149 | $1.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.92 | 80000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 1.910 |
1 | 2631 | 1.900 |
1 | 3292 | 1.895 |
3 | 39000 | 1.890 |
1 | 10009 | 1.885 |
Price($) | Vol. | No. |
---|---|---|
1.920 | 53668 | 4 |
1.925 | 47606 | 5 |
1.930 | 30998 | 9 |
1.935 | 14325 | 2 |
1.940 | 85130 | 7 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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DRO (ASX) Chart |