DRO 2.99% $1.95 droneshield limited

Ann: Appendix 4C - quarterly, page-11

  1. 308 Posts.
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    Regal still has 11.2m shares after they announced their ceasing to be a substantial holder. My guess is they are still dumping and might do so until early to mid-August.

    Bergen is also sitting on the sidelines with around 12.4m shares. They seem more strategic in their selling out, noting that they dumped a bunch of shares in May immediately after the EU framework announcement.

    Unfortunately it looks like we're still going to be under price pressure for a little while... but in a much better position than 3 months ago!
 
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