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DroneShield Limited Issues New Unquoted Securities

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DroneShield Limited Issues New Unquoted Securities

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DroneShield Limited ( (AU:DRO) ) has shared an announcement.

DroneShield Limited has announced the issuance of 709,361 unquoted securities, which are options expiring on various dates at various prices. This move is part of the company’s strategy to enhance its financial flexibility and potentially strengthen its capital structure, reflecting its ongoing commitment to growth and market expansion.

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 sale of counter-drone technology. The company focuses on providing solutions to detect, track, and mitigate drone threats, catering to military, government, and commercial sectors.

Average Trading Volume: 11,405,412

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.13B

For a thorough assessment of DRO stock, go to TipRanks’ Stock Analysis page.

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