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
$1.17 |
Change
-0.105(8.24%) |
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 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |