And just like that, the price is settling towards $3.40, although we will see what the volume ends up being over the course of the day.

Disc: Still held and haven't sold as yet.

A few notes.

Anduril have the existing RAAF Darwin contract, and are a US company. Who knows how that might come into play in Trump's world.

The Anduril guesstimate valuation doesn't factor in that counter drone tech is the flavour of the month or that markets can do irrational things as they are a fully private company, so it's probably a more robust number *if* you assume that P/S is an appropriate metric.