Kore Potash PLC has disclosed its monthly Chess Depositary Interest (CDI) movements for January 2024, showing a consistent trend with no significant changes compared to the previous month.
Steady CDI Figures
The company’s statement revealed that there were no alterations in the number of CDIs quoted on the Australian Securities Exchange (ASX) during January. The total number of CDIs remained at 669,448,870, mirroring the figures reported at the end of December 2023.
| ASX Security Code | Security Description | Total Number of CDIs |
|---|---|---|
| KP2 | Chess Depositary Interests | 669,448,870 |
Unchanged Securities
Furthermore, Kore Potash PLC reported that there were no variations in the total number of issued securities not represented by CDIs quoted on ASX. Both the ordinary fully paid securities and options remained static, reflecting stability in the company’s overall securities profile.
| ASX Security Code | Security Description | Total Number of Securities |
|---|---|---|
| KP2AA | Ordinary Fully Paid | 3,450,218,250 |
| KP2AB | Option Expiring 19-Jul-2024 | 26,900,000 |
No Shift in Balance
The absence of changes in CDI and other security figures indicates a period of stability for Kore Potash PLC. This consistency in numbers signifies a steady state in the company’s equity structure and investor activity.
Future Prospects
While the company did not provide specific commentary on future prospects in this announcement, the stable CDI movement suggests a sense of confidence and continuity within Kore Potash PLC. Investors may interpret this as a positive sign, potentially bolstering trust in the company’s performance and strategies.
Conclusion
Kore Potash PLC’s disclosure of stable CDI movements for January 2024 underscores its commitment to transparency and regulatory compliance. The company’s unwavering figures reflect a period of steady operations, providing stakeholders with valuable insights into its financial health and market standing.
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