1.49BMarket Cap98.00P/E (Static)
1.960High1.745Low24.05MVolume1.760Open1.730Pre Close44.96MTurnover2.72052wk High3.62%Turnover Ratio762.55MShares0.24552wk Low0.02EPS TTM1.30BFloat Cap2.720Historical High98.00P/E (Static)665.03MShs Float0.084Historical Low0.02EPS LYR12.43%Amplitude--Dividend TTM20.00P/B1Lot Size--Div YieldTTM
Droneshield Ltd Stock Forum
The ASX then intervened and put it into a trading halt with a please explain (see below). DRO recovered a little to only close 22% lower. On the current expensive valuation I have an AVOID rating. $S&P/ASX 200(.XJO.AU)$
Stock Analysis: DroneShield Ltd ($DRO.AU)
DroneShield Ltd ($DRO.AU) opened today at a notable loss, experiencing a sharp decline of 10% to 20% within the first hour of trading. This follows a substantial 25% drop observed the previous day. The current situation suggests that DroneShield's stock may be overvalued, as indicated by the high P/E ratio and the apparent fear among individual shareholders....
can anyone ecplain why trading is suspended???
"SUUSPENDED TRADING". So what is to happen moving forward ??
**Context:**
DroneShield Limited (DRO) responded to an ASX price query on July 16, 2024, regarding recent trading activity in its securities.
**Key Points:**
1. **Market Activity Explanation:**
- DRO is aware of a recent article titled "Short Sellers Circle DroneShield as it Nears Wild $2B Market Cap" published on Capital Brief.
- The article discussed:
- Recent share price performance.
- Market cap compariso...
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