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Lachlan Star Requests ASX Trading Halt Ahead of Proposed Acquisition Announcement

Story Highlights
  • Lachlan Star has requested an ASX trading halt pending news of a proposed acquisition.
  • The halt lasts until 4 February or an announcement, signaling a potentially significant deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lachlan Star Requests ASX Trading Halt Ahead of Proposed Acquisition Announcement

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Lachlan Star ( (AU:LSA) ) just unveiled an announcement.

Lachlan Star Limited has requested a trading halt on its securities on the ASX pending the release of an announcement regarding a proposed acquisition. The halt will remain in place until either the announcement is released or normal trading commences on 4 February 2026, with the company stating it is unaware of any reasons the halt should not be granted or any additional information required to inform the market, signaling that a potentially significant transaction is in progress that could affect shareholders once details are disclosed.

The most recent analyst rating on (AU:LSA) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Lachlan Star stock, see the AU:LSA Stock Forecast page.

More about Lachlan Star

YTD Price Performance: 44.23%

Average Trading Volume: 129,867

Technical Sentiment Signal: Hold

Current Market Cap: A$22.19M

See more data about LSA stock on TipRanks’ Stock Analysis page.

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