The Share Cafe video is well worth watching and provided additional insights into the significant opportunities for DRO. One of the key takeouts for me being a greater realisiation of the significance of the NATO agreement and existing defence contracts. By the sounds of it defence department contracts don't go through the standard public tender process given national security implications and are more likely to go to a company they have an existing relationship with.
It is a brave new world with technological advancements influencing both military and civilian application of the DRO's wide range of products/tools.
The Company is upscaling production, boosting staff in key areas for both technical applications and sales. In my opinion (DYOR) the CEO is doing everything he can to set the business up for success and increased sales and profitability.
I am cautionsly optimistic about the outlook however, as an investor will be looking for additional contracts over the next 6 months.
While the share price has rocketed up I see likelihood of further upside with DRO expected to move into the ASX300 or 200 in September when the index is rebalanced.
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The Share Cafe video is well worth watching and provided...
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Last
95.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $828.5M |
Open | High | Low | Value | Volume |
94.5¢ | 96.0¢ | 92.0¢ | $5.451M | 5.798M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 4597 | 95.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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95.5¢ | 1047 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 4597 | 0.950 |
3 | 110028 | 0.945 |
4 | 30212 | 0.940 |
3 | 19888 | 0.935 |
3 | 13917 | 0.930 |
Price($) | Vol. | No. |
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0.955 | 1047 | 1 |
0.960 | 178448 | 12 |
0.965 | 107700 | 4 |
0.970 | 192251 | 8 |
0.975 | 21000 | 2 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
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