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The latest update is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has applied for quotation of 370,000 new fully paid ordinary shares on the ASX, to be traded under its existing ticker DRO. The additional securities arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s listed share capital and potentially enhancing liquidity for investors without materially altering its market structure.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$4.00 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
Average Trading Volume: 24,314,847
Technical Sentiment Signal: Buy
Current Market Cap: A$3.2B
Learn more about DRO stock on TipRanks’ Stock Analysis page.