DroneShield stock jumps on Defence panel entry as ASX shut; what to watch next week
DroneShield shares rose 7.84% to A$4.40 after it was named to an Australian Defence counter-drone supplier panel. The stock hit A$4.46, its highest since October. Investors await news on actual orders and the company’s earnings update in February. Australia plans to spend A$1.3 billion on counter-drone systems over the next decade.