DRO 3.79% $1.40 droneshield limited

-Someone announces they will short-Sellers panic -Trading halt...

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    -Someone announces they will short
    -Sellers panic
    -Trading halt announced (Price Sensitive)

    The trading halt is what makes this an absolute roller coaster.

    Few theories;
    -Shorter times this incredibly poorly and by pure chance DRO are about to drop a major contract announcement
    -DRO noticed the sharp drop and will announce a minor contract announcement to help ease the sell off
    -Neutral announcement regarding the sharp sell off (though given its price sensitive I’m not sure about this one)
    -Capital Raise? Just had one 2 months ago

    Anyone else got other theories?
 
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Last
$1.40
Change
-0.055(3.79%)
Mkt cap ! $1.216B
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$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
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Last trade - 16.10pm 03/10/2024 (20 minute delay) ?
DRO (ASX) Chart
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