DRO 4.37% 95.5¢ droneshield limited

Drone News, page-608

  1. 1,256 Posts.
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    yes good observation about June as the month gov agencies in Australia and UK (but not USA) push through contracts to ensure they are utilising their budgets for the year, so they don't risk getting cut back next budget time. Hopefully, this cynical view bears fruit this month, the sp certainly overdue for a meaningful sales order to add to all the rhetoric. I have one more line of stock to buy, at 25c, then I'm filled. I've been adding on 0.5c drops. IMO $60m in sales a year justifies the current mkt cap, That seems tantalisingly close. As a small company and relatively new in what is an evolving field, there's bound to be a J curve style sales buildup. Pity a J curves down before it exponentially rises! Once the sales start flowing, other customers will jump in before they miss out on early fulfilment. And we are off to the races. Such is the nature of small entrepreneurial businesses.
 
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