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The latest announcement is out from Delta Drone International Ltd ( (AU:RKT) ).
RocketDNA Ltd has issued 617,984 fully paid ordinary shares to employees under its Employee Incentive Plan, expanding its share capital without undertaking a formal prospectus or disclosure process under Part 6D.2 of the Corporations Act. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information that would be material to investors’ assessment of RocketDNA’s financial position or the rights attached to its securities, signaling that the issuance is an administrative step in employee compensation rather than a move tied to undisclosed developments.
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
Average Trading Volume: 5,531,952
Technical Sentiment Signal: Buy
Current Market Cap: A$29.55M
For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.