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DroneShield rubbishes critics, courts politicians

  1. 32 Posts.
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    https://www.copyright link/rear-window/droneshield-rubbishes-critics-courts-politicians-20240724-p5jw94

    Sup Kings!

    Here is what I've gathered from it:


    • The Players:

    • DroneShield: An Australian company listed on disallowed (ASX) that makes technology to counter drones.

    • Rodney Forrest: An investor who manages his own family's money. He's been described as a "peacocking investor" meaning he likes to make a lot of noise and attention about his investments.

    • James Paterson: A politician who DroneShield is trying to get on their side.

    • The Issue:

    • Forrest has been buying and selling DroneShield shares, which has caused the price of the shares to go up and down a lot.
    • DroneShield thinks Forrest's actions are hurting the company and are trying to get him to stop.
    • They are also trying to get support from a politician (James Paterson) to help them.

    • The Takeaway:

    • It's a battle between a company and an investor.
    • DroneShield feels like Forrest is acting against their best interests and is trying to fight back.

    I would love to hear other people's thoughts about this.
 
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