It's more than likely people jumping ship to EOS.
The company has a lot higher revenue, contract win value and counter drone capability.
EOS announced 92% jump in 1st half revenue of 142M, bigger than DRO's full year revenue.
EOS MC 1/6 the size of DRO. Put simply DRO is just extremely overvalued.
What happened, page-4
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Last
$1.40 |
Change
-0.055(3.79%) |
Mkt cap ! $1.216B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.37 | $10.72M | 7.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7167 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |