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Delta Drone International Ltd ( (AU:RKT) ) has issued an update.
RocketDNA Ltd has announced that a performance milestone has been met, triggering the vesting of 4 million 2025 Performance Rights held by Managing Director Chris Clark and 2 million held by executive director Paul Williamson. The milestone was achieved after the company reached a 30-day volume-weighted average price of A$0.02 for its shares within the specified assessment period, and each vested right can now be exercised into one fully paid ordinary share for nil consideration before 30 September 2026, potentially increasing the company’s share count and further aligning executive incentives with shareholder value.
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
RocketDNA Ltd (ASX: RKT) is a multinational drone-based data services and technology provider that leverages AI and autonomous drones to deliver aerial surveying, mapping, security, surveillance and asset inspection solutions. Serving enterprise customers in the mining, agricultural and engineering sectors, the company focuses on fully outsourced, remotely operated drone systems that provide fast data turnaround, generating revenue through a mix of multi-year contracts and short-term projects with major clients, including Tier 1 and Tier 2 miners across Australia and Africa.
Average Trading Volume: 6,127,454
Technical Sentiment Signal: Buy
Current Market Cap: A$35.48M
For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.