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DRO - DroneShield Limited

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DroneShield Limited develops and sells proprietary hardware and software for acoustic detection of small unmanned aerial vehicles (also known as "drones").

It is anticipated that DRO will list on the ASX during June 2016.

https://www.droneshield.com
 
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Hi everyone,

just recently I've been made aware of this stock and here are my thoughts.

1. the company is worth 60 mil already
2. there is almost 500 million shares issues already - that's a worry

for a company that is losing money, it's acting like a big company and also there expenses is too high for a little company, it is worth too much especially when they haven't even sold a single drone solution - definitely not sustainable for a company not making money

anyone else think the same?
 
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Hi everyone,

just recently I've been made aware of this stock and here are my thoughts.

1. the company is worth 60 mil already
2. there is almost 500 million shares issues already - that's a worry

for a company that is losing money, it's acting like a big company and also there expenses is too high for a little company, it is worth too much especially when they haven't even sold a single drone solution - definitely not sustainable for a company not making money

anyone else think the same?

I don't read company news, balance sheets etc so correct me if i am wrong but doesn't this document say there is currently 35 million shares on issue? Plus 100m in restricted securities?

http://www.asx.com.au/asxpdf/20160620/pdf/4380c461qt4xtr.pdf
 

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Let's have a look at the Drone Shield then.
I see a rising flag, or call it an ascending triangle if you like.

DRO am 08-02-17.png


Recent positive/ promising news, plus the Trump effect, could well lift it to new heights.
50c may prove a tough resistance, but beyond that, there is not a lot holding it back.
I am holding both: DRO and DROO (22c mid-2018)
 

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Dragging their heels; I've switched out for a while, but shall buy back in once the short-term downtrend is reversed with improving volume.

dro_ax23nov16_to_01mar17.png
 

greggles

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Droneshield has announced today that is has received an order for 70 units of its DroneGun™ tactical jammer product for use by the Ministry of Defence of a major Middle Eastern country allied with the Western governments. The order is worth $3.2 million.

Droneshield reached a high of 49c in August last year but has since declined to a low of 17c. Today's announcement has given the share price a bit of a lift, but DRO will need to land some more orders like this to prove to the market that there is a demand for their products and they have the potential to generate substantial revenue.

29c looks to be a level of importance, so it will be interesting to see if Droneshield can gather some momentum and keep moving north.

big.chart-DRO.gif
 

galumay

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I remember having a look through both the drone companies and the anit-drone ones a while ago, I didnt uncover any business that met my investibility threshold.
 

greggles

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I remember having a look through both the drone companies and the anit-drone ones a while ago, I didnt uncover any business that met my investibility threshold.
Agree. I also wouldn't invest in it, but I'm always interested in new technology. A lot of the time it doesn't get off the ground (e.g. Martin Jetpack) but every now and again it does so I enjoy keeping an eye on them just out of interest.
 

greggles

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Look at DRO go! (sorry :oops:) After touching 10c on 22 December, Droneshield has bounced back hard following the news last week that Gatwick airport was shut down as a result of a malicious drone operator with an off-the-shelf consumer drone. In addition to that, the company announced this morning that the U.S. regulator has granted an approval for sale of DroneSentry and DroneGuns Tactical for use by a Central American government agency, as announced in October 2018.

Here's a photo of the DroneGun Tactical. :jimlad:

screenshot-stocknessmonster.com-2018.12.27-13-53-58.png


And here's a DRO chart:

big.chart-DRO.gif


I was starting to wonder whether DRO was finished ala Metalstorm (remember them?). Perhaps not. I'm not getting involved but it will be interesting to see whether DRO can really come back from here, or whether the recent price action is just a brief spurt north on the road to oblivion.
 
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DRO my no #1 pick for 2019 full year comp. I like the way its moving now and I believe there will be demand for their products that will increase over a short period. Hopefully the management can take full advantage, although I do believe they have some tough competition from Israel.
Will be an interesting watch.
 

greggles

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DRO has broken out today after announcing that it has partnered with Bosch in the counterdrone space under the Bosch Integration Partner Program (IPP).

From the announcement:
Bosch Security and Safety Systems provides a range of surveillance solutions globally, and leads with its range and customer adoption of its products across industries, including prison, airport, critical infrastructure, and other sectors.

DroneShield is a global leader in the counterdrone industry, with its product suite including multi-sensor detection systems and products enabling detection and mitigation of unwanted drones.

Going forward, DroneShield will be offering an integrated system for drone detection and mitigation, with DroneShield’s products integrated with Bosch’s video surveillance products. This product integration of the two companies’ offerings has been completed, and the combined solution is available to customers at present.

Sounds good, but DRO has a history of rapid share price increases followed by retracements. The move in late December 2018 from 10c to 20c was followed by a share price decline back to 9c over the next few months.

DRO is still yet to turn a profit. I think they are operating in a niche market where there is a lot of potential but they haven't yet generated enough revenue to overcome their cash burn. Perhaps this partnership with Bosch is a sign of better days ahead but I would be cautious until it translates into revenue, which today's announcement made no mention of.

DRO gapped up today, smashing through resistance at 20c on high volume. Currently trading at 22c.

big.chart-DRO.gif
 
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This is the type of company that is aligned to the future needs of the world, given the threats posed by the rise and rise of drones. Whether it's the parliament, the airport or any other gathering where attacks may be targeted. These days it's so easy for anyone to get hold of a drone and fly it pretty much anywhere that there is an increased security threat as a result of it.

Chart shows a sudden interest in the stock after a sustained decline since IPO. Price has increased rapidly with increased volume of late...

upload_2019-8-30_19-36-45.png
 

Sdajii

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You lads who suggested this would spike this morning after the Saudi event were on the money … currently up 15%-18% to around 37-38 cents.

I saw people speculating about this, but didn't expect it to actually jump this much. I really don't see any fundamental reason for it to happen and it just seems to be an 'it went up because everyone thought it was going to go up' thing, but hey, it happened. Good call from those who said so.
 
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I saw people speculating about this, but didn't expect it to actually jump this much. I really don't see any fundamental reason for it to happen and it just seems to be an 'it went up because everyone thought it was going to go up' thing, but hey, it happened. Good call from those who said so.

Yeah, not sure how far it will run but it was a good call. I see that SEA had one of its best days in a while as well;) Hopefully that continues as well:cool:
 

Sdajii

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Yeah, not sure how far it will run but it was a good call. I see that SEA had one of its best days in a while as well;) Hopefully that continues as well:cool:

Perhaps DRO's technology will be useful in anti drone attack drones, or hey, maybe they'll have some new customers from Yemen :p ;) :p Well done to all holders either way, and hopefully it continues to run for you.

SEA had exactly the same rise (close of 24c after a previous close of 19c) 10 days ago. Unfortunately 2 days later there was an even bigger crash. It would be funny if tomorrow we see the exact same thing that happened the day after the last rise from 19 to 24c (a close of 26c). It really has been quite a ride! Anyway, no more about SEA here :)

Regardless of the fundamental effects of the weekend's events on DRO, it certainly has given DRO exposure which should give a lasting benefit. I had never noticed DRO before the recent attacks... come to think of it, the drones are said to have only cost tens of thousands of dollars, perhaps as little as $15k. DRO's market cap has jumped dramatically more than that! There is great controversy behind who carried the attacks out. Are we sure it wasn't a group of DRO investors in the red?
 
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It's unfortunate to have had such an event but I think the technology being developed by DRO will become more important if such events become more frequent in the future.

DRO's technology is still in early stages and still going through R&D, so I think the price rise is a knee-jerk reaction to the unfortunate event. However there is a more fundamental story behind this and that is whether the technology DRO is developing can become a leader in drone attack prevention and disabling drones mid-air that pose a threat. It's early days but if those technology advancements can be achieved, DRO can carve a name for itself and become a widely-known mainstream company.
 
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