DRO 5.41% 78.0¢ droneshield limited

Ann: DroneShield completes $2.55 million placement, page-18

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  1. 79 Posts.
    lightbulb Created with Sketch. 17
    What would they be 'buying' though?

    Droneshield have minimal sales, customer base, intellectual property, or assets, and are running at a loss of approx $5 million a year.

    It's possible someone might try to buy or merge with Droneshield of course, if for no other reason than to simply say they're in the anti-UAS sector, but that would be after the stock crashes in 6 months, when continued lack of sales forces DRO to do another CR to pay for operating costs (just like they are now, again), and SP drops low enough to make it a sensible buy.
 
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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
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
DRO (ASX) Chart
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