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DroneShield Director Adjusts Equity Holdings with Major Share Disposal

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DroneShield Director Adjusts Equity Holdings with Major Share Disposal

Meet Your ETF AI Analyst

DroneShield Limited ( (AU:DRO) ) just unveiled an announcement.

DroneShield Limited announced a significant change in the director’s interest, with Director Oleg Vornik disposing of 14,806,833 fully paid ordinary shares through an on-market trade, valued at approximately $49.47 million. Despite this disposal, Vornik retains a substantial amount of vested and unvested equity in the company, indicating continued involvement and potential influence in its strategic direction.

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, focusing on the development and production of advanced drone detection and mitigation systems. The company provides solutions for military, government, and commercial sectors, addressing the growing need for protection against unmanned aerial threats.

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.

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