Substitute "fool" and "[dot]com" for the asterisks in the link:
DroneShield saw its share price rocket up by 29.63% on Thursday, valuing this ASX share at $54 million. On Monday, the company announced it had received orders from 2 separate European countries. DroneShield creates drone detection and non-ballistic counter-drone technology. In particular the company creates products with zero Rf emissions, reducing the likelihood of counter detection.
The order announced Monday was worth approximately $750,000 in sales proceeds. In addition, these are orders for evaluation and are likely to lead to further opportunities. It included the first sale in a new country and underlines the growing demand for the company‘s products across Europe and globally.
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Under any analysis, I believe all 3 of these ASX shares should continue to see strong growth. All of them are at the vanguard of emerging defence technologies, with BrainChip and Electro Optic developing new technological areas that could have huge, world-changing significance.
DRO chart, page-9
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $584.6M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 80.5¢ | $5.333M | 6.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20352 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 206000 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
83.0¢ |
Change
0.020 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 83.3¢ | 80.8¢ | 1879991 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DRO (ASX) Chart |