The market darling, the $50 million share dump and the silent CEO
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The market darling, the $50 million share dump and the silent CEO
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About this listen
Senior reporter Jonathan Shapiro on the rise of DroneShield, why its CEO just dumped all his stock and whether the company can restore the faith.
Further reading:
Oleg Vornik defends $50m DroneShield share sale, citing risk to life
While the businessman has been circumspect about the reasons for offloading his entire stake, privately he has given an explanation to some investors.
Inside the two-week unravelling of high-flying tech stock DroneShield
A $70 million share sale by the chief executive, chairman and a third director has opened up a Pandora’s box of questions about its products, and accounts.
DroneShield dream run comes to abrupt end after CEO dumps $50m stake
Shares in the defence technology business crashed almost 30 per cent after Oleg Vornik and two directors sold considerable holdings with little explanation.
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