Not necessarily so. Its only a pledge, so the orders may flow afterwards. And the fact Droneshield of Australia was specifically mentioned in the media release, seems out of proportion in a US$1300m pledge if the value of the order is only A$33m. Look the global publicity and credibility value is a game changer if it is the same order, but I suspect we will hear of a follow on order. Droneshield can only call for a trading halt once alerted the order is imminent. As this media release came from US sources, its only really speculation.
More likely is a speeding ticket from ASX tonight asking the question if they have any undisclosed information? They will say no, and point out they have already disclosed about $200m in hot prospective orders on top of the $33m recently announced.
News: DRO U.S. to announce $1.3 bln in military aid for Ukraine -sources, page-11
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$1.17 |
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Mkt cap ! $1.020B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.14 | $18.43M | 15.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 88143 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 10000 | 1 |
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