Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
DroneShield Limited ( (AU:DRO) ) has provided an update.
DroneShield Limited has announced the cessation of 25,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This announcement reflects a routine adjustment in the company’s issued capital, which may have implications for stakeholders regarding the company’s financial structuring and market positioning.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 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 technologies. The company focuses on providing solutions to counter unmanned aerial threats, catering to military, government, and commercial sectors worldwide.
Average Trading Volume: 11,405,412
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.13B
See more data about DRO stock on TipRanks’ Stock Analysis page.