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DroneShield Limited ( (AU:DRO) ) just unveiled an announcement.
DroneShield Limited announced the cessation of 300,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could influence investor perception regarding the company’s operational and strategic execution.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 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
DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and mitigation systems. The company focuses on providing solutions to protect critical infrastructure and public safety from drone threats.
Average Trading Volume: 18,537,285
Technical Sentiment Signal: Buy
Current Market Cap: A$3.29B
For a thorough assessment of DRO stock, go to TipRanks’ Stock Analysis page.