Australian (ASX) Stock Market Forum

DRO - DroneShield Limited

Jump to new
Looks like big money is buying back in, after hours 1 million volume @ $4.09.

1754555991063.png
 
Interrupting the TA side.
Generic to drome technology
defence-blog.com

Shahed drone navigation brain now sells online

A critical navigation component used in Shahed-series attack drones is now openly available for purchase on a major Chinese e-commerce platform, according to Ukrainian electronic warfare specialist Serhiy Beskrestnov, widely known by his callsign “Serhiy Flesh.” Beskrestnov wrote that a...
defence-blog.com defence-blog.com
And these Shahed are still able to inflict serious damages past western countermeasures as per latest Ukrainian and Israeli experiences...
Just think about it, you can buy it on the chinese eBay
...dro has a big market and a big eork ahead
 
Technically at an important support level
A solid drop through here would not be good

This support has held a few times recently so it
Could be an opportunity to buy a dip

To early to call.
Longer term this looks cooked at mid $4s
 
tech/a said:
Technically at an important support level
A solid drop through here would not be good

This support has held a few times recently so it
Could be an opportunity to buy a dip

To early to call.
Longer term this looks cooked at mid $4s
Click to expand...
Do you say that re "cooked at mid $4 's" because of the shorter bodies and longer tails to the upside on the candles with not much happening to the bullish side since early August @tech/a

dro.png


gg
 
Garpal Gumnut said:
Do you say that re "cooked at mid $4 's" because of the shorter bodies and longer tails to the upside on the candles with not much happening to the bullish side since early August @tech/a

View attachment 206304

gg
Click to expand...
GG
If you take a look at this 15 min chart and the clear rejection on 7,12,13,14 th with today being the strongest I think The rejection at these levels is strong enough volume wise ( everytime it gets there ) to suggest Supply sees this as time to get out.

Lately around $4.07 sees supply drying up and demand chases higher.

But down at $3.85 the has been a withdrawal of supply where demand aggressively buys any supply

But volume dries up as price slowly chases up

If $3.85 is clearly breached as new supply floods then DRO is set to establish new lower levels

Of the low is rejected more of the same.
IMG_5704.png
 
@UMike

Beat me by a few minutes.
DRO has upheld the technical out look plus a few very important levels I need to draw up to show properly based upon Volume support and resistance. DRO has honored all.
An interesting chart that helps with my thread on Supply.
Been strapped for time to keep ahead of this. But my sell at $4.15 looks ok now.

Today's bar with a wide range and massive supply becomes a very important bar in the future.

If you draw a box to the right from the high of $3.90 to the low of $2.95, this volume supply zone becomes extremely resistant.
Likely, the price will not trade above this zone for a long time.
 
tech/a said:
@UMike

Beat me by a few minutes.
DRO has upheld the technical out look plus a few very important levels I need to draw up to show properly based upon Volume support and resistance. DRO has honored all.
An interesting chart that helps with my thread on Supply.
Been strapped for time to keep ahead of this. But my sell at $4.15 looks ok now.

Today's bar with a wide range and massive supply becomes a very important bar in the future.

If you draw a box to the right from the high of $3.90 to the low of $2.95, this volume supply zone becomes extremely resistant.
Likely, the price will not trade above this zone for a long time.
Click to expand...
Yea. I was an idiot for not selling the next parcel at 4.5ish.
.
Started a Job today so missed rebuying the first parcel I let go at 4.15 also. Actually had a target of 3.02 in my Excell list I didn't execute.
 
marketmatters.com.au

ETF Friday: Looking at ETFs for Defence exposure - Market Matters

ETF Friday: Looking at ETFs for Defence exposure Market Matters - ASX buy recommendations
marketmatters.com.au marketmatters.com.au

Not Held.
No plan to Buy

DroneShield (DRO) $3.13

"The rise of DroneShield has led it become one of the most discussed stocks in our Q&A Weekend Report. DRO is an Australian defence technology company that develops AI-powered systems to detect, track, and neutralize hostile drones for military, government, and critical infrastructure clients worldwide. In todays unstable geopolitical world DRO has flourished as defence budgets surge, especially in response to the Ukraine and Middle East conflicts. NATO countries collectively spent $US1.5 trillion in 2024, with Europe contributing significantly while world military expenditure reached a whopping ~ $US2.7 trillion, marking the fastest year-on-year jump since the Cold War.

With governments spending more, companies at the forefront of their respective technologies/fields have flourished with big tenders out there to be won. The surge by DRO has pushed its market cap to $2.7bn, as they continue to string together contract wins with influential customers, the company’s achieved FY25 contracted revenue above $175mn at the start of August, already 3x that recorded in FY24. Unfortunately global stability feels unlikely in the coming years leaving DRO well positioned, but it’s expensive and subsequently volatile – the last few weeks have seen the stock correct well over 30%.

We like DRO from a risk/reward perspective into current weakness around $3.
MM is cautiously bullish towards DRO"
 
finicky said:
We like DRO from a risk/reward perspective into current weakness around $3.
MM is cautiously bullish towards DRO"
Click to expand...


DRO is a perfect example of Supply Control.
Ive been trying to get some time aside to mark up charts.

Basically and quickly the Bar on 26/8, with a High of $3.90 and low of $2.95 is and will act as Volume resistance in these price ranges until
substantially breached in either direction.

The bar on 15/7 did act as Volume resistance with a high of $4.10 and a low of $3.55 for around a month, still having an impact at $ 3.55 to $4.10

I think anything over $3.50 and definitely $4.00 will be very difficult to achieve.
Ranging is highly likely.

Now not on my radar.
But if I was to buy a few it would be around $2.80 giving me a $ to play with.
 
tech/a said:
DRO is a perfect example of Supply Control.
Ive been trying to get some time aside to mark up charts.

Basically and quickly the Bar on 26/8, with a High of $3.90 and low of $2.95 is and will act as Volume resistance in these price ranges until
substantially breached in either direction.

The bar on 15/7 did act as Volume resistance with a high of $4.10 and a low of $3.55 for around a month, still having an impact at $ 3.55 to $4.10

I think anything over $3.50 and definitely $4.00 will be very difficult to achieve.
Ranging is highly likely.

Now not on my radar.
But if I was to buy a few it would be around $2.80 giving me a $ to play with.
Click to expand...
For me just a looking in occasionally, but may add to the Watchlist if The Bloke in the Mirror agrees!!!!
 
ASX refers to the following:
A. A media release published by the Australian Government Defence Minister on 27 August 2025 titled ‘Albanese Government ramps up investment in counter-drone capabilities for ADF’, which stated that the Australian Government had appointed Leidos Australia as the Systems Integration Partner for Project LAND 156 in a contract valued at $45.9 million.
B. DRO’s announcement titled ‘Project LAND 156 Update’ released on the ASX Market Announcements Platform at 9:03 AM AEST on 28 August 2025 in which DRO disclosed that it had not been selected by the Australian Department of Defence as the Systems Integration Partner for Project LAND 156
C. Listing Rule 3.1, which requires a listed entity to immediately give ASX any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity’s securities.
....etc etc

now .$3.14
.
1. Does DRO consider the Information, or any part thereof, to be information that a reasonable person would expect to have a material effect on the price or value of its securities?
No.
2. If the answer to any part of question 1 is "no", please advise the basis for that view.
DRO regularly provides updates to the market on its sales pipeline. The sales pipeline is presented on a geographical basis. In its most recent update released to ASX on 27 August 2025 (1H25 Results Investor Presentation), the global sales pipeline for DRO was $2.34 billion. The global sales pipeline is comprised of numerous individual opportunities, including the Australian portion of the pipeline which incorporates various anticipated phases of the LAND 156 program (of which the Systems Integration Partner (SIP) is one phase) and projects outside of LAND 156 program entirely. DRO understands that the value of the SIP contract awarded on 27 August 2025 was approximately $45 million (over 3 years), approximately 1.92% of DRO's global sales pipeline. DRO also notes that its own internal forecast for the revenue from the SIP contract was approximately $7 million (based on its best estimates), approximately 0.3% of DRO's global sales pipeline.

DRO does not consider the Information to be information that a reasonable person would expect tohave a material effect on the price or value of its securities as:
• the value of the SIP contract does not represent a material proportion of DRO's global sales pipeline; and
• when providing the sales pipeline to investors, DRO discloses that the sales opportunities in the pipeline are at various stages of maturity, that the opportunities are unweighted for probability, and that there is no assurance that any of DRO's sales opportunities will result in sales.

DRO announced the outcome of the SIP package tender as it has referred to sales opportunities associated with the LAND156 program, including its tender for the SIP package, in past ASX announcements. The designation of the Announcement as 'price sensitive' on the ASX Market Announcements Platform was an error.
3. When did DRO first become aware of the Information referred to in question 1 above?
DRO first became aware of the Information at approximately 12.00pm on 27 August 2025.

4.1 Not applicable
4.2 Not applicable
5. Compliance - Confirmed
 

Similar threads

System
TTX - Tetratherix Limited
Replies
4
Views
1K
Dona Ferentes
Dona Ferentes
System
STH - StepChange Holdings
Replies
1
Views
419
Dona Ferentes
Dona Ferentes
System
RNV - ReNerve Limited
Replies
2
Views
1K
Miner
Miner
System
MNC - Merino & Co. Limited
Replies
3
Views
1K
Dona Ferentes
Dona Ferentes
System
SS1 - Sun Silver
2 3
Replies
51
Views
9K
mullokintyre
mullokintyre
Top