Sorry that I was unclear earlier. I bought my first tranche of shares in 2017 and have added to my holdings with about a dozen more acquisitions since then. I only began selling off modest lots this year. The erratic price action on news caused me to decide to lighten up a bit.
As stated previously I now think DRO has reached a point when the company's products and its attractiveness to acquirers will cause significant appreciation. Your 130p target may indeed be too modest.
As for acquirers my money is on QinetiQ (QQ) on the LSE. It is a UK defense company with a history of bolt on acquisitions and in dire need of a drone defense capability. It is also on my radar as an acquisition after it concludes its 100MM Pound share buy back program. QQ has an Australian presence and is quite like likely familiar with DRO.
Finally as for alternative holdings with significant upside I like FastBrick (FBR) on the ASX. It's currently quoted at ..026p. It has a proven product, Hadrian, that is being introduced in my country later this year. The resultant publicity should result in increased visibility and share price appreciation.
- Forums
- ASX - By Stock
- DRO
- DroneShield (DRO) Discussion Thread
DroneShield (DRO) Discussion Thread, page-163
-
-
- There are more pages in this discussion • 402 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
|
|||||
Last
$1.48 |
Change
0.055(3.87%) |
Mkt cap ! $1.124B |
Open | High | Low | Value | Volume |
$1.40 | $1.48 | $1.32 | $46.73M | 33.53M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 28127 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 87733 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27627 | 1.460 |
2 | 1374 | 1.455 |
5 | 200757 | 1.450 |
1 | 415 | 1.445 |
1 | 30000 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.475 | 87733 | 6 |
1.480 | 87636 | 6 |
1.485 | 82195 | 8 |
1.490 | 8460 | 2 |
1.495 | 6000 | 2 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online