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Jindalee Resources Limited ( (AU:JLL) ) just unveiled an update.
Jindalee Lithium Limited has reported a change in director Lindsay George Dudfield’s interests, with his pension fund exercising 32,083 listed $0.60 options expiring 30 June 2027 to acquire an equivalent number of fully paid ordinary shares for a total consideration of $19,249.80. Following the transaction, Dudfield’s indirect holding via the pension fund increased to 16,577,270 fully paid ordinary shares and decreased to 1,070,922 of the listed $0.60 options, while his direct holdings in shares and various listed and unlisted options remain unchanged, signaling a modest shift from derivative exposure to equity that may be viewed as incremental alignment of the director’s interests with long-term shareholders.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.69 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.
More about Jindalee Resources Limited
Jindalee Lithium Limited is an Australian-listed company focused on lithium exploration and development, operating within the broader battery minerals and resources sector. The company’s activities are geared toward supplying lithium, a critical input for electric vehicle batteries and energy storage, positioning it within the global clean energy and electrification supply chain.
Average Trading Volume: 255,470
Technical Sentiment Signal: Buy
Current Market Cap: A$70.7M
See more insights into JLL stock on TipRanks’ Stock Analysis page.