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Lindsay Australia Limited ( (AU:LAU) ) has shared an update.
Lindsay Australia Limited has announced that BKI Investment Company Limited has ceased to be a substantial holder in the company as of July 1, 2025. This change is due to the issuance of 46,500,000 new shares to the sellers of SRT Logistics Pty Ltd, impacting the voting securities and potentially altering the company’s shareholder structure. This development could influence Lindsay Australia’s market positioning and stakeholder interests, as it reflects a significant shift in shareholding dynamics.
The most recent analyst rating on (AU:LAU) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.
More about Lindsay Australia Limited
Lindsay Australia Limited operates in the logistics and transportation industry, providing services that include road transport, logistics, and rural supply services. The company focuses on delivering efficient and reliable transport solutions across Australia.
Average Trading Volume: 617,040
Technical Sentiment Signal: Sell
Current Market Cap: A$228.4M
For detailed information about LAU stock, go to TipRanks’ Stock Analysis page.