DRO 7.39% $1.09 droneshield limited

Ann: Multiple European Government Orders, page-28

  1. 525 Posts.
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    John Franklin has exited the business and is no longer involved. There was an ANN on this iirc.
    Bergen sold to Regal and made a really healthy profit on this.
    Regal sold down at a significant loss. Consensus view was that management had made pipeline sales sound very near completion/basically a done deal which turned out to be far from the truth. Following the COVID crash, their overall portfolios took a big hit and the decided to liquidate DRO to pursue other more lucrative investments at least in the short term.



 
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