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DroneShield Limited ( (AU:DRO) ) has issued an update.
DroneShield Limited has announced the issuance of 50,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DRO. This move is part of the company’s strategic efforts to enhance its capital structure, potentially strengthening its market position and providing additional resources for growth and development in the drone defense sector.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$2.00 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 for military, government, and commercial sectors to protect against the threats posed by unauthorized drones.
Average Trading Volume: 23,709,554
Technical Sentiment Signal: Hold
Current Market Cap: A$1.73B
See more data about DRO stock on TipRanks’ Stock Analysis page.