Australia's DroneShield on course for worst day ever as CEO offloads shares

DroneShield

13/11/2025 04:01

** Shares of Counter-Unmanned Aerial Systems solutions provider DroneShield DRO.AX tank ~33% to A$2.2

** Shares hit a more than four-month low and on course for their weakest session ever, also top laggard on ASX200 benchmark .AXJO, dragging it ~1% lower

**  Co's CEO sells 14.8 mln fully paid ordinary shares for A$49.5 mln ($32.17 mln), per exchange filing

** Independent non-executive chair also sells A$12.4 mln of shares

** Over 64.4 mln shares traded, over 3x of 30-day avg vols

** Including day's moves, stock is up ~186% YTD

($1 = 1.5389 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))