$Droneshield Ltd (DRO.AU)$ 🚀
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Apr 7 17:28
Weekly roundup: Tariff turmoil and recession fears dominate
Swooping Magpie : I have recouped my losses now!
10baggerbamm OP Swooping Magpie : the company's in the right place at the right time.. you have to figure that every military defense Force has drones so they need counter drone technology every Police Department uses drones they need to be able to counter drones. the only thing this company needs to do is make an application to NASDAQ in the US and in order to do that they need to get the stock price up so either organically it grows to a couple of dollars or they have to reverse split it. If This were to be on the NASDAQ I think you'd see it go parabolic I think you would see momentum investors jump aboard and you see the stock go from a couple of bucks to double-digit relatively quickly.. because they're not on the NASDAQ we just have to wait patiently for the market to come to the company and gradually stock price goes up.
Pablovski : another aus company which is on nasdaq now is $Telix Pharmaceuticals (TLX.US)$$Telix Pharmaceuticals Ltd (TLX.AU)$
151058590 : Ten thousand years is too long, only fight for the present.
SnowVested 10baggerbamm OP : from droneSheild home site mid last year, that's basically what they done, supplied all aspects of our allies and contract forces with this tech. and it continues to expand.
it's a reason I put so much on it back then, I'm kinda still in hope of dividend payments b4 I sell, just to be worth keeping them still.
10baggerbamm OP SnowVested : companies like this never issue a dividend it's completely unrealistic. you need to have a mature profitable company ,(or a company like a real estate investment trust that issues dividends to reduce tax liabilities) at that point some issue dividends but it's generally late in the life cycle of the company after they've reach peak revenue growth so you're never going to see a dividend in a company like this that I can 100% guarantee you. growth companies put 100% of their money back into r&D to expand their business not to reward shareholders with cash dividends