PLA 0.00% 6.7¢ platinum australia limited

re: Ann: Update - Merger of PLA with Jubilee ... Good to know...

  1. 596 Posts.
    re: Ann: Update - Merger of PLA with Jubilee ... Good to know the process is continuing, hopefully to completion.

    For those who, like me, didn't know what a CDI is, the following is a brief quote from the ASX:

    "ASX developed a type of depositary receipt known as a CHESS Depositary Interest (“CDI”).

    CDIs allow Investors to obtain the economic benefits of foreign financial products without actually holding legal title to those financial products. CDIs also enable Investors to hold and transfer their interests in foreign financial products electronically via CHESS, which they would be unable to do if they held the foreign financial products directly."
 
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