DRO 2.84% $1.45 droneshield limited

I agree this valuation is fair, even relatively overweight but...

  1. 1,047 Posts.
    lightbulb Created with Sketch. 261
    I agree this valuation is fair, even relatively overweight but nothing out of the ordinary.

    Having said that, we can all agree the potential is huge and the growth has been significant. Volume and frequency is increasing significantly so there are risks associated with waiting as there are with holding at this point.

    Im accumulating around the 170m market cal range as much as I can. My aim is at least another 100k shares by years end so it is in my interest for the price to remain stable. I anticipate cash flow positivity is already in play, and thats not factoring in any new contracts (RnD being 100pc cash flow outside or incidentals, considering no stock required).

    Will be interesting indeed to see the 4C and what it can tell us about the SAAS revenue.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.