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An announcement from Platinum Asset Management Ltd ( (AU:L1G) ) is now available.
L1 Group Limited, listed on the ASX under the code L1G, has updated the market on changes to its issued capital structure. The company lodged a notification with the exchange confirming the lapse of certain conditional rights to securities.
The group reported that 5,310 rights (security code L1GAA) ceased on 31 December 2025 after the conditions attached to those rights were not, or could no longer be, satisfied. The announcement signals a modest reduction in potential future share issuance, slightly simplifying L1 Group’s capital base but without indicating any immediate change to its underlying operations.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
More about Platinum Asset Management Ltd
Average Trading Volume: 4,357,871
Technical Sentiment Signal: Buy
Current Market Cap: A$2.71B
For detailed information about L1G stock, go to TipRanks’ Stock Analysis page.