So I actually sold out afte a quick look at their financial sheets. Their expenditure are 3.9 mil for half a year. This order doesn't even break even. Maybe when they secure better and continuing contracts. Also since it's a one off payment for one order there isn't much value behind it. It's just really paying of their debts.
These are all my own views! Please understand that this is not advice and you should do your own research.
Ann: U.S. Regulator Approves $3.2m order for 70 DroneGuns, page-8
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
78.0¢ |
Change
0.040(5.41%) |
Mkt cap ! $1.116B | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 78.0¢ | 72.0¢ | $7.783M | 10.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3090 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 123271 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |
