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Tamboran Resources Limited ( (AU:TBN) ) has issued an update.
Tamboran Resources Limited has announced an update regarding its CHESS Depositary Interests (CDIs) for May 2025. The company reported a net increase of 3,200,000 CDIs issued over quoted securities, attributed to net transfers between CDIs and common stock. This adjustment reflects the company’s ongoing efforts to manage its securities and potentially enhance liquidity in the market. The announcement indicates a strategic move to align its securities with market demands, which may have implications for stakeholders in terms of investment opportunities and market positioning.
More about Tamboran Resources Limited
Tamboran Resources Limited operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is primarily engaged in the production and distribution of energy products, with a market focus on expanding its resource base and enhancing its operational capabilities.
Average Trading Volume: 1,258,742
Technical Sentiment Signal: Sell
Current Market Cap: A$381M
See more data about TBN stock on TipRanks’ Stock Analysis page.