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DroneShield Limited ( (AU:DRO) ) has shared an update.
DroneShield Limited has announced a change in the interests of its substantial holder, Regal Funds Management Pty Limited and its associates. The notice indicates a decrease in voting power from 8.37% to 7.15%, reflecting a shift in the control of ordinary shares. This change in substantial holding could impact DroneShield’s shareholder dynamics and influence its strategic decisions moving forward.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
YTD Price Performance: 211.11%
Average Trading Volume: 12,960,236
Technical Sentiment Signal: Buy
Current Market Cap: A$2.08B
See more insights into DRO stock on TipRanks’ Stock Analysis page.