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Droneshield (ASX:DRO) has seen a fairly volatile day of trading after the company accidentally re-announced an existing set of contracts totalling over $7 million as new contracts on Monday, forcing the company to briefly pause trading then withdraw a morning announcement.
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“Poor form” was the opinion of one HotCopper user in the relevant thread on Monday. One may or may not perceive that, by looking at Droneshield’s intraday price, the same sentiment can be detected in the ebbs and flows of share action.
“DroneShield refers to its 10 November 2025 announcement of an order for three standalone contacts totalling $7.6 million for handheld systems for delivery to the U.S. Government,” the company wrote on Monday.
“DroneShield advises that the November Contracts do not represent new orders. The November Contracts were orders that were reissued by the customer due to regulatory updates.”
How exactly this happened remains to be seen, but Droneshield on Monday stated it was “taking steps to prevent this error from reoccurring.”
DRO last traded at $3.36/sh.
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