DroneShield Limited (AU:DRO) has released an update.
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DroneShield Limited has requested an immediate trading halt for its shares on the ASX, citing an impending announcement regarding a proposed capital raising. The halt will remain until either the announcement is made or trading resumes on Friday, 2 August 2024. The company has confirmed there are no known reasons why the halt should not be granted and anticipates resuming normal trading following the capital raising update.
For further insights into AU:DRO stock, check out TipRanks’ Stock Analysis page.