Anonymous Investor's questions to DroneShield Ltd (DRSHF) leadership • FY 2024
Question
Investors asked about the possibility of a reverse stock split, executive share transactions, alignment with shareholders, the high level of short interest, and plans for a U.S. listing.
Answer
CEO Oleg Vornik stated a reverse stock split or a full U.S. listing are unlikely at present due to concerns about liquidity and management distraction. Regarding executive selling, he highlighted that over 100 employees have performance options tied to a $200M revenue target, ensuring strong alignment. Vornik expressed confusion over the high short interest, citing the company's strong fundamentals and growth prospects.