DRO 2.04% 96.0¢ droneshield limited

Thought I'd make a new thread for discussion about the...

  1. 14,873 Posts.
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    Thought I'd make a new thread for discussion about the actual company, as opposed to one dominated by a bunch of non holders (probably controlled by the same user) posting their silly squiggly lines and screaming about how it's the end of the world for DRO due to one red day after a massive rally. Doesn't seem to be a thread dedicated to discussion and so it seems intelligent posts end up being scattered through many different threads, making it difficult sometimes to find the intelligent research/posts.

    Clearly a solid company, growing phenomenally fast and highly profitable. Massive pile of cash and zero debt, and in an incredibly defensive/resilient sector. Not sure what more you could ask for? If the company continues to grow as fast as it has recently, 70c is very quickly going to look ridiculously cheap (it already does based on analysts' forward looking projections). Solid volumes traded over the past few months, obviously large institutional investors noticing this and quickly loading up whilst it remains in the cents.
 
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Last
96.0¢
Change
-0.020(2.04%)
Mkt cap ! $694.2M
Open High Low Value Volume
98.5¢ $1.01 95.5¢ $7.260M 7.411M

Buyers (Bids)

No. Vol. Price($)
6 76426 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 14955 2
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
96.5¢
  Change
-0.020 ( 1.53 %)
Open High Low Volume
98.5¢ $1.01 95.5¢ 3229216
Last updated 15.59pm 14/05/2024 ?
DRO (ASX) Chart
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