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An announcement from DroneShield Limited ( (AU:DRO) ) is now available.
DroneShield Limited has announced the cessation of 150,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This announcement could impact the company’s capital structure and investor perception, as it reflects on the company’s ability to meet certain operational or financial conditions tied to these securities.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.50 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 drone detection and countermeasure technologies. The company focuses on providing solutions to protect against the threats posed by unmanned aerial vehicles (UAVs) in various sectors including government, military, and critical infrastructure.
YTD Price Performance: 400.65%
Average Trading Volume: 17,438,920
Technical Sentiment Signal: Buy
Current Market Cap: A$3.35B
For detailed information about DRO stock, go to TipRanks’ Stock Analysis page.