DRO 5.41% 78.0¢ droneshield limited

Ann: Quarterly Update and Appendix 4C, page-3

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  1. 1,653 Posts.
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    DRO had almost overshot their March Qtr cash flow forecast in most categories, lot of things happening in the right way hopefully.

    Interesting note to me is, they are now forecasting the manufacturing cost to double last quarter, assume this is to reflect the 70 DroneGuns to be sold, but in an recent interview, CEO also mentioned they are 'quietly' scaling up their manufacturing capacity, seems they are anticipating more good sales coming along in 2H 2018.

    Hopefully exciting times ahead.
 
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