DRO 0.56% 90.5¢ droneshield limited

DroneShield (DRO) Discussion Thread, page-181

  1. 4,795 Posts.
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    "it would be a lot easier to find the specific ones if there weren't 300" – since 1-Dec-2023 I have submitted 51 posts on DroneShield. This post is number 52. Anybody can verify this using the Advanced search button at the top of this page.

    Secondly, in response to my challenge for you to find any single post where I "was telling people not to buy" (your words, not mine) you posted these links. I'm re-posting the links in this message because your pastes didn't work out very well. Not one single of these posts is "telling people not to buy"!

    I think you're being deceitful here... posting a random collection of links to posts and claiming that they are scurrilous posts "telling people not to buy", when in fact they are nothing of the kind. The only common theme across these posts is my absolute disgust at a level of management self-enrichment that would make a Russian oligarch proud.

    LinkPost (excerpts in some cases to exclude long quotes of other posters)
    1https://hotcopper.com.au/posts/71347192/single"quote removed" – love it, it made me laugh audibly. Of course, the third option is to crank out some facts, stir in some logic, and let your alternative viewpoint rise to the surface.

    Misrepresenting or mis-characterising posters is just a bit too ... Soviet? ... for my taste.
    2https://hotcopper.com.au/posts/71957681/singleIt's a bit hard to avoid being cynical! Just take the latest example from management: cynically, deceitfully and deliberately withholding relevant information from shareholders until the day after the EGM. Who is this board serving? It's not the shareholders.

    I will continue to monitor and trade this stock. The unwarranted expectations created by the board, which are regularly allowed to wither and die, create excellent volatility for trading. But I have sold my core holding. This company is being operated exclusively for the benefit of its board and management. Long term holders are unlikely to ever receive a fair return on their investment without significant improvements to the company's governance.
    3https://hotcopper.com.au/posts/71877514/singleIt's a mistake to apply binary thinking to held/not-held. You don't get just one chance to own a stock. If you sell your entire holding, you are allowed to buy it again. It doesn't mean that you have no further interest in the company.

    Held can mean the poster holds shares for any of the following beliefs or situations: tedious bullet points removed

    Not held can also many things: tedious bullet points removed

    Droneshield is an extraordinarily profitable trading stock, not least because its management is kind of flaky about setting market expectations.
    4https://hotcopper.com.au/posts/71270961/single"we might be lucky to fly low for another half year" – so we're not going to get $1 by Christmas? I may as well sell then, I was only holding on for that.
    5https://hotcopper.com.au/posts/71887833/single"Why are you arguing with me?" – I wasn't. Maybe you weren't expecting it, but I was acknowledging the correctness of your point. Okay, I did go on to mention that point-to-point comparisons can produce wildly different results depending on when you do them.
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    "October is a long way away..... You must have a great crystal ball??" – It's acrylic, not crystal, so it doesn't have any magical properties. But I'm tipping that DRO's VWAP for October [referring to 2024] will be under 50c. My reason for this is that after the recent massive capital raising, and now that management have filled their money bags, there is no reason for pumping the share price. The opposite in fact, because the higher the share price is when these ZEPOs vest, the bigger and more difficult is the tax-driven trading that has to occur. Just one more way that zero-exercise price options distort management priorities. I'm not a fan of them.
 
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Last
90.5¢
Change
0.005(0.56%)
Mkt cap ! $654.6M
Open High Low Value Volume
91.0¢ 92.5¢ 90.0¢ $2.895M 3.174M

Buyers (Bids)

No. Vol. Price($)
7 87525 90.5¢
 

Sellers (Offers)

Price($) Vol. No.
91.0¢ 10000 1
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Last trade - 16.10pm 20/05/2024 (20 minute delay) ?
Last
91.0¢
  Change
0.005 ( 0.76 %)
Open High Low Volume
90.5¢ 92.5¢ 90.0¢ 1389381
Last updated 15.59pm 20/05/2024 ?
DRO (ASX) Chart
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