...>$200M of cash in the bank... ....circa $200M of inventory... ...ZERO Debt... ...Annual turnover f'cast of circa $70M- $100M for 2025 ...what is the value of IP/ merger synergies...not just for drone technology...but value of being on catalogues of AUKUS, NATO, USA private sector defence etc. and the potential M&A synergies ...only circa cUS$350M market cap...basically a negative EV already on ASX...with the AI module, this would be trading >US3.5 billion on Nasdaq... .... most importantly: with c90 million shorts...
...and then this announcement over the weekend:
....NASCAR has joined forces with powerhouses like the NFL, MLB, NCAA, and SEC to rally behind the Disabling Enemy Flight Entry and Neutralizing Suspect Equipment (DEFENSE) Act....Four sports leagues reportedly support a bill that would help limit the use of unauthorized drones at sports stadiums....NASCAR uses DroneShield to detect and neutralize unauthorized drones...NASCAR has taken decisive action by joining forces with tech innovators to safeguard their races. At Texas Motor Speedway, DroneShield’s state-of-the-art equipment acts as a vigilant sentinel, detecting and neutralizing rogue drones with precision.
...so basically any operation stadium without drone defense, would basically be held responsible (negligence) for not having this preventative drone security measurement going forward (precedent setting), should there be a drone related incident...
....how many stadiums/ airports/ critical infrastructure sites are there in the US...the world?
....question is probably: will meme 2.0 take it again to $3.00/share or will it be $5.00/share this time...
....could happen this week/ next week when all of these looming orders became official while everyone in Australia is sleeping?
..mmm... shorts...brace yourselves....
...now you guys know why there are so many people on this board suddenly trying to find 'negative catalysts' to delay what is about to happen... margin calls tend to be super problematic....especially if you can't close your short, post an overnight announcement, before ASX opens...
...my two cents...
DRO Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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