1414 Degrees Ltd Responds to ASX Price Query
Key points
- No undisclosed information affecting stock price
- Recent announcement on aerospace division
- Company remains compliant with Listing Rules
Full summary
1414 Degrees Ltd responded to an ASX price query regarding the recent increase in its stock price. The company stated that it is not aware of any undisclosed information that could explain the trading activity. It highlighted the recent announcement of establishing an aerospace and defense division, focusing on commercial opportunities in drones, UAVs, and aerospace. Additionally, the company is progressing with its Aurora data center and energy precinct. 1414 Degrees Ltd also confirmed compliance with the Listing Rules.
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