Australian (ASX) Stock Market Forum

DRO - DroneShield Limited

Been a month....
Still flatlining on the "bottom"

Not brave enough to top up. Yet....... But got finger on the trigger.

this may help??

Screenshot_20241214_143224_Chrome~2.jpg
 
Surprised to see Vanguard having a punt , here .
Became substantial by 20th Dec , with 5 .5 % and 47.7 million DRO shares . So they may having been buying near the bottom say up to 65 cents ? Big move up today . 16 % to 74 cents above average volume , too . 20 million so far .
See the Captain's chart on page 93 of his log ( 1 December ) post # 1863 .
( Got to be brave for this , though . )
 

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  • Becoming-a-substantial-holder.PDF
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Not yet a holder but interested in the turn around play as management demonstrates the ability to secure multiple smaller contracts and de-risk the previous revenue reliance on larger sales deals. Repeat sales and increased reseller interest will further reassure the market.

As of 30/09/2024; DroneShield had a cash balance ~$238.3M and no debt.
 
I am hopeful for this also.
Still have my lowball offer pre ann.

A bit wary it has bounced around a bit recently and seems directionless.
 
escalating nightmare

from @hntrbrkmedia

China’s DJI, the world's largest drone manufacturer, has disabled U.S. geofencing on its drones, enabling flights over airports, military bases, and no-fly zones.DJI says it is putting “control back in the hands of the drone operators".
 
escalating nightmare

from @hntrbrkmedia

China’s DJI, the world's largest drone manufacturer, has disabled U.S. geofencing on its drones, enabling flights over airports, military bases, and no-fly zones.DJI says it is putting “control back in the hands of the drone operators".
Once you poke a bear...
 
escalating nightmare

from @hntrbrkmedia

China’s DJI, the world's largest drone manufacturer, has disabled U.S. geofencing on its drones, enabling flights over airports, military bases, and no-fly zones.DJI says it is putting “control back in the hands of the drone operators".
The effects of the turning off of geofencing can be seen when some clown flew a drone over an excluded forrest fire area and collided with a firefighting aircraft.
Mick
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a
 
The effects of the turning off of geofencing can be seen when some clown flew a drone over an excluded forrest fire area and collided with a firefighting aircraft.
Mick
View attachment 192394
a
While doing some research on the geofencing, I found that there were already numerous hacks available to get around the geofencing.
Here is a video talking about one such hack.

Mick
 
DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to announce it has received a set of three separate contracts totalling $11.8 million from an in-country reseller....


You would think with all the bluster about world wide tensions there will be some more contracts in the pipeline
 
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