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The latest update is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has applied to the ASX for quotation of 500,000 new fully paid ordinary shares, to be issued on 12 January 2026 under the ticker DRO. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, modestly expand the company’s equity base and increase its free float, potentially enhancing liquidity for investors while signalling ongoing use of equity-linked incentives or financing structures.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 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 is an Australian-listed technology company operating in the defence and security sector, focused on developing and supplying counter-drone and electronic warfare solutions. Its primary products and systems are used to detect, track and neutralise unmanned aerial threats for government, military and critical infrastructure customers in domestic and international markets.
YTD Price Performance: 30.52%
Average Trading Volume: 24,131,197
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.67B
Find detailed analytics on DRO stock on TipRanks’ Stock Analysis page.