Ann: DroneShield completes $2.55 million placement, page-26

Yeah agreed. But I think they've been acutely aware of this same issue for a while now, and a merger or acquisition would fix that issue. Just makes so much sense for them. Instant customer base and street cred if they have the right partner or are bought by an established player in the defence market...

They're not 'first movers' as such in this space, but they're not far off. I reckon they're aware they need to get runs on the board ASAP and might do something drastic to achieve that.

Time will tell, I'll stick with them for the ride...