tiprankstipranks
Trending News
More News >

DroneShield Announces Change in Substantial Holder Interests

Story Highlights
DroneShield Announces Change in Substantial Holder Interests

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1