DroneShield Limited ( (AU:DRO) ) has issued an announcement.
Regal Funds Management Pty Ltd and its associates have increased their substantial holding in DroneShield Limited, as indicated in the recent notice of change of interests. This change in voting power reflects a strategic move by Regal Funds to potentially influence the company’s decision-making process, impacting its operations and market positioning.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in the development and deployment of counter-drone technology. The company focuses on providing solutions to detect, track, and mitigate unmanned aerial vehicles (UAVs) for military, government, and commercial sectors.
YTD Price Performance: 5.74%
Average Trading Volume: 262,251
Technical Sentiment Signal: Buy
Current Market Cap: $462.4M
See more data about DRO stock on TipRanks’ Stock Analysis page.