DRO droneshield limited

So clearly some people did not like the news (and the bears love...

  1. 533 Posts.
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    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".
    Last edited by chobbo: 25/07/25
 
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$3.21
Change
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Mkt cap ! $2.807B
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$3.12 $3.31 $3.09 $31.36M 9.755M

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Price($) Vol. No.
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