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DroneShield Limited Announces Change in Substantial Holding

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DroneShield Limited Announces Change in Substantial Holding

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DroneShield Limited ( (AU:DRO) ) just unveiled an announcement.

DroneShield Limited has announced a change in its substantial holding, as State Street Corporation and its subsidiaries have ceased to be substantial holders in the company. This change in ownership could impact DroneShield’s market positioning and stakeholder dynamics, potentially influencing its strategic direction and operational focus in the competitive defense and security sector.

The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.20 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 vehicle (UAV) threats for military, government, and commercial clients worldwide.

Average Trading Volume: 17,994,112

Technical Sentiment Signal: Buy

Current Market Cap: A$3.58B

See more data about DRO stock on TipRanks’ Stock Analysis page.

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