Danakali Limited (AU:DNK) has released an update.
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Danakali Limited has received approval to delist from the Australian Securities Exchange (ASX) and plans to transition to trading on the National Stock Exchange of Australia (NSX) by the end of this year. The decision follows a prolonged suspension from the ASX since April 2023 and aims to provide liquidity for shareholders. The move is part of Danakali’s strategy to find a suitable trading platform after being unable to meet ASX re-listing requirements.
For further insights into AU:DNK stock, check out TipRanks’ Stock Analysis page.