ALTD
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Price history of ALTD
Price history of ALTD
Performance & Momentum
Tonner Drones Drives Growth with Asset Sale
Tonner Drones reinforces its momentum through several strategic moves. The company completed a partial sale of its stake in Donecle for around €1.25 million while retaining a significant 5% interest in this high-potential firm. Meanwhile, its subsidiary Diodon Drone is accelerating its growth, demonstrating investment strength. Tonner Drones also raised €2.5 million via a bond issuance to support development projects following a successful restructuring. These initiatives, along with the arrival of two key shareholders, boost confidence in the company’s strategy and are expected to support the stock's value.
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Recent News
ALTD
Tonner Drones Announces Capital Increase via Rights Issue
9 months agoTonner Drones has announced a capital increase of about €1 million through a preferential subscription rights offering in the form of ABSA. This dilutive move largely explains the recent sharp 14.2% decline in the stock, reflecting market caution towards this external financing. In the short term, dilution and the associated uncertainty dampen interest in the share.
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