DRO 0.00% 85.0¢ droneshield limited

DRO chart, page-57

  1. 570 Posts.
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    If your making a loss i presume this means you've bought as a result of the latest's Ann's?

    Couple things to try help:

    1. Historically the stock has gone sub 0.10c but not very much lower and not for very long.
    2. The stock was recently heavily oversubscribed (10x the offered amount) @ 0.125c. While this was ITM when the placement closed, it is still an encouraging sign of existing holders appetite (despite what some posters say)
    3. It has gone as high as ~0.45c based off exciting announcements that haven't turned into a strong sales pipeline. Recent Ann's have been similar however, slightly more concrete in terms of genuine sales.
    4. Older Institutional investors Bergen exited at its peak (30-40c) with large profits selling to Regal who have subsequently exited at a large loss (they sold in the low 0.10s). Don't read into this too much unless you recognise and have a view on both funds.
    5. You might collect dust on your shares holding on for them so long without good price movements
    6. You might collect dust on your shares because we're about to visit the moon.

    Hope the above 1-4 helps with your decision making process.
 
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Last
85.0¢
Change
0.000(0.00%)
Mkt cap ! $741.2M
Open High Low Value Volume
85.0¢ 87.0¢ 79.5¢ $15.83M 18.95M

Buyers (Bids)

No. Vol. Price($)
3 62969 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.5¢ 36700 3
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
DRO (ASX) Chart
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