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Piedmont Lithium Reports Dynamic CDI Shifts
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Piedmont Lithium Reports Dynamic CDI Shifts

Piedmont Lithium (AU:PLL) has released an update.

Piedmont Lithium Inc. has reported a decrease in Chess Depository Interests (CDIs) for May 2024, with a net difference of -6,975,500 CDIs from the previous month, primarily due to transfers between CDIs and common stock on the Nasdaq Stock Market LLC. In contrast, there’s been an increase in ordinary fully paid securities and a 100:1 CDI equivalent to ordinary shares, indicating a dynamic shift in the company’s security distribution.

For further insights into AU:PLL stock, check out TipRanks’ Stock Analysis page.

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