So clearly some people did not like the news (and the bears love it!)
Here is why I'm not bothered:
- Fundamentals have not changed. Revenue still double Q1-2024
- Pipeline is still in excess of $2.5B AUD, 4 X the pipeline of Q1-2024.
- Demand for the product has not dropped; it's increasing. Number of projects in the pipeline is still up +188% from Q1-2024
- Cash Balance is still healthy. $198.1mill at 20Jun25. This is 1mill higher than reported in Apr, showing increased cash over the 2 months.
- Expansion plans are continuing as before.
- Institutional Investors are buying up the retail sales as mum&dad investors seek to make profit at current prices. Fidelity now on the books at near 10% holdings.
- This "news" is simply a report of Contract Notice CN4156982 published on Austender back in June, where Droneshield won a $4.97mill contract as part of Land156. The news itself is a political announcement, which forced a company announcement due to perceived "market sensitivity", even though it is under Droneshield's usual $5mill AUD threshold for reporting.
Yes, there's a lot of people buying into the hype.
Yes, the price of the company is most likely over-inflated due to the hype.To what degree I do not know.
Despite those two points, I'm focusing on the positives as I don't believe current price decline is indicative of current company progress.
I'm confident in the company and of its CEO, despite other people's opinions of the "No Leggs".
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- Here's why I'm not bothered.
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droneshield limited
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So clearly some people did not like the news (and the bears love...
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Last
$3.21 |
Change
0.130(4.22%) |
Mkt cap ! $2.807B |
Open | High | Low | Value | Volume |
$3.12 | $3.31 | $3.09 | $31.36M | 9.755M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 7659 | $3.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.22 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 7659 | 3.210 |
3 | 2050 | 3.200 |
1 | 10000 | 3.190 |
2 | 21000 | 3.180 |
1 | 946 | 3.170 |
Price($) | Vol. | No. |
---|---|---|
3.220 | 2000 | 1 |
3.230 | 17000 | 2 |
3.240 | 6811 | 3 |
3.250 | 11270 | 5 |
3.260 | 44513 | 4 |
Last trade - 16.19pm 12/09/2025 (20 minute delay) ? |
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