ASIC has launched an investigation into the counter-drone group’s disclosures, six months after a botched contract announcement and a $67 million director sell-off.

ASIC has launched an investigation into the counter-drone group’s disclosures, six months after a botched contract announcement and a $67 million director sell-off.

ASIC is investigating share sales by its then-CEO and two other directors in November and an erroneous sales announcement to the ASX around the same time.