I can only hope people do some research and wake up to the fundamentals here. Crazy that the market hasn’t reacted to this.
I can only hope people do some research and wake up to the fundamentals here. Crazy that the market hasn’t reacted to this.Looking at trading the market hasn't moved so no reason to purchase.
Generally, I find announcements don't react as you would expect.
NGL - contract to supply the largest police department in the United States.
"if the total contract revenue was recognised in the current financial year, it would amount to approximately 30% of the current financial year revenue."
Sounds good - "30% of current year". Now up 4% and $4,000 odd value traded with no momentum. Market obviously thought 30% of very little is even littler.Looking at trading the market hasn't moved so no reason to purchase.
Generally, I find announcements don't react as you would expect.
Thank you. There were no insights to be had. Just a bit of German PR.@verce Ahem .. tap or click on your YouTube video screen. Select the 'Settings' icon far right. From pop up menu select 'Captions' > select English auto generated. English captions should show up at bottom of your screen.
I suspect people are getting bored and bailing. News flow could be improved. And there is always the spectre of a capital raising looming in this end of the market. I like tiny companies that are totally ignored and sometimes severely punished by the market, but they need to have a tight capital structure (definitely not billions of shares on issue), well-incentivised management with skin in the game, and preferably some good macro tailwinds behind them (like the AI trend at the moment).@verce I can see why your are sticking with this little puppy. I just wonder why has the SP kept dropping?
One reason I believe is that every man and her dog are out there making drones.
gg
@verce how much are these things? Looks like it's just a drone you could buy at Kmart for a hundred bucks. Does look like it might be a little better than a DJI I guess with the magic words letters AI being thrown around.
Not sure about 'can't go any lower'. MC of about $4m, so it could go into administration and go to zero too I suppose. Or, maybe they get a UAV contract with the Houthis for a model that drops bombs and it'll take off.
Blackbird robotic aerial security drones take flight in Australia with Department 13 partnership - Department 13
Department 13 International has teamed up with US drone hardware expert Nightingale Security to bring the game-changing Blackbird…department13.com
Appreciate the perspective Sean. Your concerns are valid. However, calling it a $100 Kmart drone suggests to me that I’m still early and people aren’t conducting sufficient due diligence on the company’s fundamentals.
Yes, I was being a bit sarcastic about what it delivers but still interested in the price. I haven't been able to find a cost of the units. You're definitely early enough with just a $4m MC.
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