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83.5¢ droneshield limited

If I was an owner a company where a director spent an inordinate...

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18/04/24

12:29

Post #: 73405862
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Originally posted by Mayi: ↑

If you are referring to me...

If you must know I have been investing in companies since the 70s and am a director of an electronic engineering company (not dissimilar to DRO) and I can tell you that DRO does not need this cash, just as I said it did not need the cash last time, which has proved 100% accurate.

It is true that the company that I am a director of is not listed. It is not listed because there are huge costs associated with being listed and the owners have a fiduciary responsibility to shareholders who have voting rights (though DRO does not seem to take that at all seriously) which is sometimes inconvenient. Though, the most important consideration in not selling our own shares, is that once the IP is developed and manufacturing set up and profitable, these companies require very new little capital. As a result, our shareholders (includes myself) have decided not to dilute our profits by selling shares to third parties who offer nothing in terms of developing the business.

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If I was an owner a company where a director spent an inordinate amount of time on social media in worktime he/she/it would be terminated.

DRO Price at posting: $1.12 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 83.5¢		Change 0.010(1.21%)		Mkt cap ! $588.1M

Open	High	Low	Value	Volume
82.5¢	85.0¢	81.5¢	$7.923M	9.548M

Buyers (Bids)

No.	Vol.	Price($)
7	73514	82.5¢

Sellers (Offers)

Price($)	Vol.	No.
83.5¢	88382	4

View Market Depth

No.	Vol.	Price($)
7	73514	0.825
6	87511	0.820
11	223793	0.815
33	597439	0.810
22	445163	0.805

Price($)	Vol.	No.
0.835	88382	4
0.840	128389	7
0.845	234261	6
0.850	140334	11
0.855	82585	1

Last trade - 16.10pm 01/05/2024 (20 minute delay)


Last 83.0¢			Change 0.010 ( 0.61 %)
Open	High		Low	Volume
82.5¢	85.0¢		81.5¢	3262195
Last updated 15.59pm 01/05/2024 ?

DRO (ASX) Chart

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