As suspected it looks like the directors continued to dump their shares on Friday's session. If this is the case the good news is that they have very little left so the selling pressure should ease at least. By my calculations they only have 1.5m FPOs left to sell which they probably got rid of on Monday. You can also see in the table below that they were 36% of the sell pressure on Thursday and 30% on Friday.
Is this a concern? Who knows... maybe not??? They have proven time and time again that they don't really value the free shares they are given and as a result don't really care what they get for them (though this time around they have gotten a half decent price for them).
I expect a change of directors interest notice either tonight or tomorrow night to confirm... followed by a positive news announcement on Monday to make the raping feel less bad.
DroneShield (DRO) Discussion Thread, page-67
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Last
94.8¢ |
Change
-0.008(0.79%) |
Mkt cap ! $824.1M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 95.5¢ | 93.8¢ | $2.599M | 2.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 129583 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 200535 | 19 |
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| Last trade - 11.32am 06/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |