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Underarm
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The strange case of DroneShield and the directors’ share sale

ANALYSIS: ASX-listed DroneShield had a stellar 2025 and a positive story for investors, but its credibility has been undermined by a major selldown of shares by management and senior directors.

WATCH: NBR senior journalist Lachlan Colquhoun speaks with Simon Shepherd.

When anyone invests in a publicly listed company it is a reasonable expectation that the senior management of that company puts a priority on the interests of shareholders and seeks to maximise their returns.

That holds true for the vast majority of companies listed on the ASX but, in the case of a

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Lachlan Colquhoun Wed, 19 Nov 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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The strange case of DroneShield and the directors’ share sale
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