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An announcement from Delta Drone International Ltd ( (AU:RKT) ) is now available.
RocketDNA Ltd has announced that a performance milestone has been met, triggering the full vesting of 3,000,000 performance rights held by Managing Director and CEO Chris Clark and 1,500,000 performance rights held by executive director Paul Williamson. The vesting was tied to the company achieving a total shareholder return of 100%, reflected in the rise of the 10-day volume-weighted average share price from $0.0106 at issuance of the 2023 performance rights to $0.0235 as at 2 January 2026, and each right can now be exercised into one fully paid ordinary share at no cost before 29 May 2027, signalling both a significant uplift in shareholder value and the realisation of executive long-term incentive targets.
The most recent analyst rating on (AU:RKT) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Delta Drone International Ltd stock, see the AU:RKT Stock Forecast page.
More about Delta Drone International Ltd
RocketDNA Ltd (ASX: RKT) is a multinational drone-based data service and technology provider that leverages AI and autonomous drones to deliver aerial surveying, mapping, security, surveillance and asset inspection services for enterprise customers, particularly in the mining, agricultural and engineering sectors. The company operates primarily in Australia and Africa with regional offices in Perth, Johannesburg and Accra, and generates revenue through multi-year contracts and short-term projects with major Tier 1 and Tier 2 mining clients such as South32, Newmont, Vault Minerals and Seriti Coal.
Average Trading Volume: 5,528,552
Technical Sentiment Signal: Buy
Current Market Cap: A$28.37M
See more insights into RKT stock on TipRanks’ Stock Analysis page.