Australia's DroneShield eyes worst week since July as CEO sells shares

DroneShield

14/11/2025 01:04

** Shares of Australia's DroneShield DRO.AX have fallen 30% so far this week, eyeing their worst week since July-end

** On Thursday, Defence technology firm tanked 33% to its worst day ever after it disclosed its CEO, chairman and a director sold shares worth a total of A$66.7 million ($43.34 million) over a one-week period

** For the day, DRO rises as much as 4%to A$2.340

** Stock among the top gainers on ASX200 benchmark .AXJO

** Stock up 204% this year, including the day's move

($1 = 1.5389 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))