DRO 10.6% $1.47 droneshield limited

If your making a loss i presume this means you've bought as a...

  1. 532 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
$1.47
Change
0.140(10.6%)
Mkt cap ! $1.277B
Open High Low Value Volume
$1.35 $1.47 $1.31 $29.91M 21.30M

Buyers (Bids)

No. Vol. Price($)
4 44330 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 6225 2
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
DRO (ASX) Chart
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