DroneShield: a capital markets plaything or the real deal?
Even as sceptics question its valuation, the drone detection and jamming group has a near $1 billion market capitalisation.
DroneShield, the drone detection and jamming technology group, seems to have it all: a rocketing share price (even after it halved), an impressive ability to raise equity and a whiff of geopolitical intrigue.
That alone has garnered it an enthusiastic investor following.
The article has been updated to remove an incorrect paragraph about options issues. Share placements were approved by investors at the June annual meeting.
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