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1.23%

80.5¢ droneshield limited

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Apuu

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25/03/24

22:56

Post #: 73052901
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Originally posted by oldtimer2: ↑

From my perspective, it retraced to 59c in a perfect Fibonacci maximum retracement, I couldn’t resist and added even more having just taken profits elsewhere. I’m very satisfied it held that level, and is gradually rebuilding towards 85c. While I remain disconcerted by the willingness of directors to cash in each time, and expect to get more free shares, the reality is they are in an incredible position to capitalise on western need to increase military spending, especially counter drone technologies.

I have an outrageously high exposure for a retiree, but having suffered previously with Alexium which initially promised so much but fizzled and delivered so little, I can’t easily forget the directors’ common lack of shareholding commitment which creates an ongoing doubt in my mind about the long term. For now though, momentum in business prospects is on their side.

i’ll review again once they enter the indices and mkt cap gets towards $600m.

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DRO Price at posting: 73.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 80.5¢		Change -0.010(1.23%)		Mkt cap ! $691.1M

Open	High	Low	Value	Volume
80.0¢	81.0¢	78.0¢	$7.810M	9.845M

Buyers (Bids)

No.	Vol.	Price($)
19	115630	80.0¢

Sellers (Offers)

Price($)	Vol.	No.
80.5¢	74719	13

View Market Depth

No.	Vol.	Price($)
5	21442	0.805
21	167440	0.800
12	156659	0.795
10	240912	0.790
13	960217	0.785

Price($)	Vol.	No.
0.810	298233	17
0.815	294891	21
0.820	204828	18
0.825	154304	7
0.830	611463	4

Last trade - 11.53am 12/11/2024 (20 minute delay)

DRO (ASX) Chart

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