An announcement from DroneShield Limited ( (AU:DRO) ) is now available.
DroneShield Limited has announced a change in the substantial holding of its shares, with Regal Funds Management Pty Limited and its associates increasing their voting power from 5.69% to 7.22%. This change reflects a significant shift in shareholder dynamics, potentially impacting the company’s strategic decisions and market perception.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in the development and deployment of advanced drone detection and mitigation systems. The company focuses on providing solutions to counter unmanned aerial vehicle (UAV) threats, catering to military, government, and commercial clients worldwide.
YTD Price Performance: 11.16%
Average Trading Volume: 197,403
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $418.2M
For an in-depth examination of DRO stock, go to TipRanks’ Stock Analysis page.