Well, really, what difference is it who owns the stock? If you want a shift away from one industry and towards another, that's all on the consumer side. Oil sucks? Ok, then buy an electric car, put solar panels on your roof and nag your boss to stop shipping in plastic wrapping. That's of course a massive oversimplification, but the whole 'ethical' investment thesis has it all backwards. Doesn't matter who owns the company, it matters who's buying the product.
To get back onto topic, Droneshield is a great company and if managed well it has a bright future and will reward its investors generously. It's too early to say whether MC of $184.8 is in line with the company's intrinsic value, but it looks like business is ramping up and independent of events in Eastern Europe, anti-drone technology is an important and growing security market. Insider selling can be for any number of reasons, especially at tax time. I think looking at the company as a whole, the ownership structure, and the trajectory of revenue and profit tells a good story of solid growth and big wins.
Great product, great management, great company.
Disc: DRO holder.
Well, really, what difference is it who owns the stock? If you...
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Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 25989 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |