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DroneShield Director Acquires Shares Amidst Financial Milestone

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DroneShield Director Acquires Shares Amidst Financial Milestone

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An update from DroneShield Limited ( (AU:DRO) ) is now available.

DroneShield Limited has announced a change in the director’s interest, with Oleg Vornik acquiring 14,806,833 fully paid ordinary shares through the exercise of vested performance options. This change reflects the company’s achievement of a significant milestone, reaching $200 million in cash receipts within a 12-month period, which underscores its robust financial performance and strategic growth in the industry.

The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.

More about DroneShield Limited

DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and mitigation technologies. The company focuses on providing solutions to protect critical infrastructure and public safety from unauthorized drone activities.

Average Trading Volume: 17,611,884

Technical Sentiment Signal: Buy

Current Market Cap: A$3.35B

See more insights into DRO stock on TipRanks’ Stock Analysis page.

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