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Lachlan Star Completes Second Tranche of Share Placement

Story Highlights
  • Lachlan Star completed Tranche two of its placement, issuing 6.6 million shares.
  • The company confirmed compliance with the Corporations Act and disclosed no excluded information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lachlan Star Completes Second Tranche of Share Placement

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The latest update is out from Lachlan Star ( (AU:LSA) ).

Lachlan Star Limited, an ASX-listed company, announced the completion of Tranche two of its placement, issuing 6.6 million fully paid ordinary shares at $0.05 per share. This move, initially announced in August 2025, was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company confirmed compliance with relevant provisions of the Act, indicating no excluded information needed disclosure.

More about Lachlan Star

YTD Price Performance: -18.57%

Average Trading Volume: 181,358

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$16.49M

See more insights into LSA stock on TipRanks’ Stock Analysis page.

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