DRO 4.64% 72.0¢ 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
72.0¢
Change
-0.035(4.64%)
Mkt cap ! $1.116B
Open High Low Value Volume
75.0¢ 77.0¢ 71.0¢ $5.480M 7.497M

Buyers (Bids)

No. Vol. Price($)
2 3399 71.5¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 51821 4
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
DRO (ASX) Chart
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