DroneShield shares are up 300%, but are down 45% from highs. CEO interview with Oleg Vornik. Why investors will BUY THE DIP
It was an honour to interview DroneShield $Droneshield Ltd (DRO.AU)$ $DROCEO Oleg Vornik CEO today. Its shares are up 300% this year at $1.50. But on July 16 it hit $2.72 before falling. I believe dip buyers will swoop in. Here is why:
1. Every quarter its advancing its drone jamming gun technology through AI. Its key clients include US, UK, Australian military and law enforcement agencies
2. Every quarter "we do software updates to our AI engines that our customers receive. Every couple of years we do hardware refreshes. So it's very hard for somebody else [competitors] to jump into that".
3. Two thirds of DRO's revenue is from the US. That includes what the US is buying for itself and "for aid to support other countries".
4. Oleg sees Europe being a huge client as well. And sees 'significant' demand from the Asia Pacific. "They are seeing drone threats and are looking to roll out large counter drone programs to address that"
5. He believes Droneshield will be the preferred drone jammer for the military, just like there is only one 'F-35 fighter jet [made by Lockheed Martin], one Bradley Fighting Vehicle [made by BAE Systems]. The Government spend years evaluating a supplier, but once they 'pick them, they run with them'
6. Oleg has 15 million performance options which convert to shares when the company reaches $200m or cash receipts in revenue.
7. He sold 10.456 million shares in March to buy a home in Sydney. (missing out "all this good news" [being awarded scores of US Govt contracts] and 287% in share price growth)
WATCH CEO Video Interview here
![DroneShield shares are up 300%, but are down 45% from highs. CEO interview with Oleg Vornik. Why investors will BUY THE DIP](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240725/c30e2078535c8841d797b11e458f28e1.jpg/big?area=102&is_public=true)
![DroneShield shares are up 300%, but are down 45% from highs. CEO interview with Oleg Vornik. Why investors will BUY THE DIP](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240725/9592930de2f6324ec505c450eabda49c.jpg/big?area=102&is_public=true)
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151817588 : Onward and up-woulds
Paul Anthony : jasica I love you so much