Sell RENK? DroneShield shares plummet! Commodity gem Antimony poised for a price jump?

Antimony: Stock poised for a hot fall

Antimony Resources stock is one of the discoveries of the summer. Within six weeks, the commodity gem had tripled in value and was trading at EUR 0.1718 at the beginning of August. In a healthy correction, it then fell to EUR 0.13. Now the chances for a hot fall are good. This is because the fundamental data has not changed: The critical raw material, antimony, is increasingly being used as a weapon by China, the leading producer, through trade restrictions. Antimony Resources is benefiting from this as a promising exploration company. The Bald Hill project in southern New Brunswick, Canada, is a historic deposit with potential and existing infrastructure connections. The region is considered resource-friendly, drilling is possible year-round, and initial historical analyses indicate grades of up to 20% antimony.

Last week, strong test results were reported once again. Antimony Resources reported seven more drill holes with massive antimony-bearing stibnite ("Sb") of up to 11.3% Sb over one meter. In addition, the southern extension of the Main Zone was expanded by more than 100 meters. This has significantly increased the deposit's potential.

This completed the Phase 1 drill program, totaling 3,150 meters across 16 drill holes. The results confirmed that the Main Zone extends over 400 meters in length and 400 meters in depth. More than 75% of the drill holes intersected significant sections with high-grade antimony mineralization.

The Company plans to conduct further drilling later this year. The goal is to have sufficient data available by the end of the year to calculate an initial resource estimate. A historical technical report from 2010 identified the potential for 705,000 to 1,000,000 metric tons with an average grade of 4% to 5% Sb.

DroneShield: Record figures cause disappointment

DroneShield's stock has been under pressure since last week. The drone high-flyer has lost more than 12% of its value within four trading days and was trading at EUR 1.75 yesterday. At the beginning of August, the share price was still at EUR 2.41. The trigger for the recent decline in the share price was the release of the half-year figures on Wednesday. The Australian company achieved record results in the first six months of the year. Revenue soared 210% to AUD 72.3 million, up from AUD 23.3 million in the same period last year. At the same time, the Company turned a loss into a profit. The bottom line was a net profit of AUD 2.1 million, compared to a loss of AUD 4.8 million in the previous year. Operating profit (EBITDA) improved significantly to AUD 5.2 million, compared to AUD -4.9 million in the previous year. Although operating cash flow remained negative at AUD -8.7 million, it showed substantial improvement over the AUD -30.2 million recorded in 2024.

With an order backlog of over AUD 176 million, cash reserves of around AUD 204 million, and a broader regional revenue base, DroneShield laid the foundation for a significantly more profitable full year in the first half of 2025.

RENK: Major shareholder exits, share price rises

Defense stocks were in demand on the stock market yesterday. RENK's share price rose by more than 4% at one point. Investors were unimpressed by the news that major shareholder Triton had also sold its remaining shares in the tank transmission specialist.

The financial investor announced its complete exit. Triton had acquired the former Volkswagen subsidiary in 2020. Under Triton's ownership, the Company underwent a comprehensive transformation that significantly strengthened its position as a reliable partner in an increasingly complex geopolitical and industrial environment. In February 2024, the Company went public on the Prime Standard of the Frankfurt Stock Exchange. The issue price at the IPO was EUR 15. Yesterday, RENK shares were trading above EUR 65.

The gradual exit did not occur without some disruption. There was a dispute with the other major RENK shareholder, the German-French tank manufacturer KNDS. At the end of July 2025, KNDS had acquired 9,166,667 RENK shares from Triton, increasing its stake in the tank transmission manufacturer to 15.8%. As Manager Magazin reported at the time, there were reportedly disagreements between KNDS and Triton in the run-up to the IPO. The purchase option between the two was agreed upon at the RENK IPO in early 2024 and is said to have been set at EUR 20 per share. After the sharp rise in the share price, Triton apparently wanted to renegotiate. The agreement was that KNDS would only exercise half of the option, and Triton would be allowed to retain the shares. This enabled Triton to sell the shares at significantly higher prices.

Should RENK shareholders follow Triton's example and sell their shares? Such a reaction would likely be excessive, given that medium-term investments are Triton's business model. On the other hand, profit-taking after a strong performance can be beneficial. There are several reasons to buy Antimony Resources: antimony is a critical raw material that is only just being discovered by the stock market. The Company has delivered convincing results, and the new drilling program promises news flow in the coming months. The DroneShield story remains on track despite the setback.