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DroneShield Limited ( (AU:DRO) ) has provided an announcement.
DroneShield Limited announced the cessation of 510,000 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 perceptions regarding its operational and strategic execution.
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, serving a range of markets including military, law enforcement, and critical infrastructure protection.
Average Trading Volume: 16,800,248
Technical Sentiment Signal: Buy
Current Market Cap: A$3.28B
Learn more about DRO stock on TipRanks’ Stock Analysis page.