Why are people still buying??
$Droneshield Ltd (DRO.AU)$ CEO and everyone has already jumped off the ship. Why are we still buying?
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151641540 : heavy discount and they affirmed no news as to why they sold
Pelosi fan : they sold 75% of their stock, cause a crash, buy back ? i dunno just being hopeful
THX 1138 151641540 : no news means they know the sales pipline is empty for their company, they have good information that would suggest they wont be able to compete internationally against the other companies in this space tha5 have traditionally ruled.. Raytheon, Lockheed Martin etc
My opinion only, but people act like this is the only company offering solutions in the drone defense market, it isnt and an Australian company has little to no chance of competing on the world stage for any meaningful contracts.
10baggerbamm 151641540 : because they're cooking the fucking books something stinks like a rat a dead rat so either the contract size was inflated or contracts were canceled and never were disclosed or they said they got contracts and they never received them maybe terms conditions weren't met maybe the product didn't live up to expectations maybe deliveries couldn't be made in time maybe an officer or somebody stole money from the company pick one because everything I am saying has happened before with publicly traded companies.. all you got to do is look at Enron