https://www.copyright link/rear-window/droneshield-rubbishes-critics-courts-politicians-20240724-p5jw94
Sup Kings!
Here is what I've gathered from it:• The Players:
• DroneShield: An Australian company listed on disallowed (ASX) that makes technology to counter drones.
• Rodney Forrest: An investor who manages his own family's money. He's been described as a "peacocking investor" meaning he likes to make a lot of noise and attention about his investments.
• James Paterson: A politician who DroneShield is trying to get on their side.
• The Issue:
• Forrest has been buying and selling DroneShield shares, which has caused the price of the shares to go up and down a lot.
• DroneShield thinks Forrest's actions are hurting the company and are trying to get him to stop.
• They are also trying to get support from a politician (James Paterson) to help them.
• The Takeaway:
• It's a battle between a company and an investor.
• DroneShield feels like Forrest is acting against their best interests and is trying to fight back.
I would love to hear other people's thoughts about this.
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