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DroneShield Limited ( (AU:DRO) ) has provided an update.
DroneShield Limited has announced a significant change in its shareholder structure with the emergence of a new substantial holder. This development involves State Street Corporation and its subsidiaries, who have acquired a notable voting power in DroneShield Limited. This change in shareholding could potentially impact the company’s strategic direction and influence its market positioning, reflecting a shift in investor confidence and interest in the company’s operations.
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
Average Trading Volume: 12,112,686
Technical Sentiment Signal: Buy
Current Market Cap: A$1.44B
Learn more about DRO stock on TipRanks’ Stock Analysis page.