Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Delta Drone International Ltd ( (AU:RKT) ).
RocketDNA Ltd., listed on the ASX under the code RKT, has lodged a notice with the exchange outlining a proposed issue of new securities via a placement or similar capital-raising mechanism. The company did not include additional operational or strategic details about its business activities in the filing.
RocketDNA plans to issue up to 5 million options (ASX code RKTAB), each with an exercise price of $0.02 and an expiry date of 30 May 2029, with a proposed issue date of 19 January 2026. The move signals an intention to bolster its capital structure through option-based financing, potentially providing future funding flexibility and aligning investor participation with the company’s longer-term share price performance.
The most recent analyst rating on (AU:RKT) stock is a Hold with a A$0.03 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: 6,402,511
Technical Sentiment Signal: Buy
Current Market Cap: A$39.03M
See more insights into RKT stock on TipRanks’ Stock Analysis page.