Companies / DRO

DRONESHIELD LIMITED

ASX:DROCapital Goods
924.1M shares on issueASX (delayed) · as of 28 July 2026$2.08price · delayed$1.89Bmarket cap · indicative
B
Dilution grade

Share count grew 21% in 24 months; 4 cash raises in 24 months

Cash runway170.2 quarters of funding
Share-count growth (24m)21.2%
Raise cadence (24m)4 cash raises
Options & rights overhang2.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

DRONESHIELD LIMITED's ordinary share count rose 21.2% between June 2024 and June 2026, to 924M shares. The company completed four capital raises in the 24-month window for total disclosed proceeds of A$162K, most recently in June 2025. Options and rights on issue could convert into 26M new shares, equal to 2.8% of the current share count, with 0% in the money. At the March 2026 quarter the company reported A$239.9M in available cash, representing 170.2 quarters of cover at the reported run rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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2.8%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
170.2 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 924.1M per ASX (delayed) (28 July 2026).
883.0M898.1M913.2MDec 24Sept 25July 26Cash raise · 27 June 2025Cash raise · 13 June 2025Cash raise · 30 May 2025Cash raise · 24 Apr 2025

Cash runway

—
Cover not computed for the latest quarter.
$239.9M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
10 July 20263H · cancellationDRO : ORDINARY FULLY PAID924.1MAppendix 3H
29 June 20263G · unquotedORDINARY FULLY PAID924.1MAppendix 3G
26 June 20262A · quoted issueDRO : ORDINARY FULLY PAID924.1MAppendix 2A
16 June 20262A · quoted issueDRO : ORDINARY FULLY PAID924.1MAppendix 2A
1 May 20262A · quoted issueDRO : ORDINARY FULLY PAID923.3MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

4 cash raises in the last 24 months · 0 in the last 12 months

—
Capital raise
27 June 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

2.8%
Total overhang · of current shares
0.0%
In the money · at current price
25.7M
Potential new shares
—
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
26 June 2026Angus BeanOther500k829k—3Y notice
23 Jan 2026Oleg VornikOther—709k—3Y notice
6 Nov 2025Jethro MarksSell1.5M40k$4.9M3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

27 July 2026$PMaterial Contracts, Product Release & Trading Update
21 July 2026Becoming a substantial holder
20 July 2026Change in substantial holding
10 July 2026Notification of cessation of securities - DRO
1 July 2026Initial Director's Interest Notice - L Goddard
29 June 2026Change of Director's Interest Notice - A Bean
29 June 2026Notification regarding unquoted securities - DRO
26 June 2026Application for quotation of securities - DRO
21 June 2026Appointment of Non-Executive Director
16 June 2026Application for quotation of securities - DRO
8 June 2026Change in substantial holding
4 June 2026Ceasing to be a substantial holder
2 June 2026Becoming a substantial holder
1 June 2026$PUS Joint Interagency Task Force 401 Contract
29 May 2026Final Director's Interest Notice - P James
29 May 2026Results of Meeting
28 May 2026CEO 2026 AGM Presentation
28 May 2026Chairman's Address to Shareholders
28 May 2026Ceasing to be a substantial holder
27 May 2026Becoming a substantial holder

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.