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DroneShield Limited ( (AU:DRO) ) just unveiled an update.
DroneShield has completed an independent governance review of its continuous disclosure, securities trading policies and related areas, and is implementing a suite of reforms aimed at aligning its practices with those expected of an ASX200 company. The board will introduce a mandatory minimum shareholding policy for directors and senior management, update its securities trading and continuous disclosure policies, seek to appoint an additional independent non-executive director with ASX200 experience within 12 months, review director and executive remuneration structures with external support, and enhance verification, financial reporting and internal control processes following its ERP implementation, signalling a broader strengthening of governance and oversight for stakeholders.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$2.50 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 defence technology company that provides artificial intelligence-based platforms to protect against advanced threats such as drones and autonomous systems. Its solutions are designed for terrestrial, maritime and airborne platforms and are used by military, intelligence agencies, government bodies, law enforcement, critical infrastructure operators and airports.
YTD Price Performance: 263.40%
Average Trading Volume: 24,838,640
Technical Sentiment Signal: Buy
Current Market Cap: A$2.54B
Find detailed analytics on DRO stock on TipRanks’ Stock Analysis page.