Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-160

I haven't sold a single share; I am guessing many others who have been here a while haven't either. It's a silly strategy that messes with the effect of compounding (e.g. if you sell half at 100% to free carry, if the stock goes up 20x you will forgo a massive 10x of your original position). I will begin to sell when/if I believe the growth opportunity for DRO is nearing an end, or of course if there is a material negative change to the thesis. DRO is at the start of a major trend involving drones, not just militarily but also in everyday life, and is in a position to lead the counter drone market (which will be huge given the fact that drones are highly desirable for criminal/military purposes). I tend to subscribe to the philosophy of Buffet when it comes to my LT investments, buy quality stocks and hold them for many years and even decades.