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DroneShield Limited ( (AU:DRO) ) just unveiled an update.
DroneShield Limited has announced a change in the director’s interest, with Jethro Marks acquiring 1,460,000 fully paid ordinary shares following the exercise of vested performance options. This change was prompted by the company achieving a significant milestone of $200 million in cash receipts within a 12-month period, reflecting positively on its operational success and potentially enhancing its market position.
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 deployment of counter-drone technology. The company focuses on providing solutions to detect, track, and mitigate drone threats, catering to military, government, and commercial markets.
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.