Trends-AU

DroneShield’s loyal retail shareholders buy the dip after massive drop

DroneShield’s loyal base of retail investors has piled into the former sharemarket darling over the past month after a plunge in the defence stock and as hedge funds ramp up bets against the company.

DroneShield shares plummeted about 50 per cent in November after chief executive Oleg Vornik, the company’s chairman and another director sold almost $70 million in shares with no explanation.

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