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DroneShield Limited ( (AU:DRO) ) just unveiled an update.
DroneShield Limited announced a change in the director’s interest, with Director Jethro Marks disposing of 1,460,000 fully paid ordinary shares through an on-market trade valued at $4,892,545. Despite this significant transaction, Marks retains vested equity in the company, holding 40,000 unlisted and vested performance options. This move may impact the company’s stock dynamics and investor perceptions, highlighting the director’s strategic financial decisions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 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: 18,020,980
Technical Sentiment Signal: Buy
Current Market Cap: A$2.95B
For an in-depth examination of DRO stock, go to TipRanks’ Overview page.