I somewhat agree, however ASX decides what price sensitive, as a shareholder I'm happy to see any positive news come through,

@Summer12, now that is an announcement I can get behind!

Agreed .

Just need momentous now @Rocket6

Good one @shadow. It's not bad DD from the ABC journo in many ways, including use of the AusTender website.

There's definitely arguments on both sides of the Droneshield debate. It's hard to argue that $22 million across two deals in a few of weeks is anything other than validation of their technology. However, bookending those announcements was a market sensitive trading update last month, which listed a whole load of achievements - none of which were new. @Rocket6 questioned what the purpose of it was, describing it as "overly promotional and unnecessary". We may now know the purpose of it given the other end of the bookend is this week's announcement that the CEO and another Board member offloaded a material number of shares in the past week, citing the need to satisfy tax obligations.

For me selling after a reporting period end but before results are released is not a great look. Lots of reasons to sell...blah blah blah...but it's not much comfort when the chances are you're on the other side of the trade. The counter argument is the fact is their selling pressure gave me the opportunity to buy and if I'm that annoyed I could sell right now for a tidy profit. I'll let Homer answer those critics...

I tend to agree @Summer12 the macro tailwinds are significant.

I realised after I posted that the cash receipts backlog they quoted was as of today and not 31 December. My mistake and given that it makes more sense to me, particularly as they implied the January deal was done on favourable payment terms. It may suggest the next couple of quarters could be interesting to watch in terms of getting to sustainable positive FCF.