DroneShield (ASX:DRO) share price today: stock slides 6.6% after fresh share issue and ongoing governance questions
DroneShield shares fell 6.64% to A$2.11 on Thursday after announcing a 50,000-share equity issuance, reversing a 16% gain from the previous day. Turnover reached about 24 million shares, worth A$50.5 million. The stock remains up over 230% in 12 months but trades far below its October peak near A$6.70. Market cap is estimated at A$1.7–2.0 billion.