Pinned straw:
I noticed today that Bell Potter had placed a buy rating on DroneShield with a 50c price target, i don't have a subscription so i could only attach a screenshot below and a link to their last buy rating 12 months ago for comparison.
https://onlineresearch.bellpotter.com.au/fileGet.aspx?guid=9d85a6bd-abf7-4b82-9015-28551956ebc5
Also; I remain supportive of the company and very much look forward to whats to come, however i have voted NO to the Incentives at the upcoming AGM.
Not that i am against Incentives, i just feel that $200 million for the dilution is not enough; especially after the recent cap raise and dilution.
remain a holder in RL and SM
RhinoInvestor
I too voted NO. My reasoning is that I want to see profitable growth, not just revenue. If they had set the target to some sort of meaningful number such as amount of FCF or even profit (although that can be manipulated) then they probably would have got my votes.