DRO 5.73% $1.32 droneshield limited

DroneShield rubbishes critics, courts politicians, page-33

  1. 936 Posts.
    lightbulb Created with Sketch. 248
    I'm surprised to read this. Shouldn't Droneshield be focusing on making sales, and then the share price will achieve what they think it should achieve, rather than taking investors to court for shorting? A market cap coming close to $1bn was enough to ring alarm bells for me and sell, just after the directors sold out when the contracts "were coming", now only chump change sales contracts, and now taking investors to court. I'm not down-ramping, I think the company will do well. But they need to make a lot more sales and I don't understand why it's taking so long.

    Is the SP a concern to management because they're wanting to do a cap raise soon?
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.