tiprankstipranks
Advertisement
Advertisement

Lachlan Star Seeks ASX Quotation for 60 Million New Shares

Story Highlights
Lachlan Star Seeks ASX Quotation for 60 Million New Shares

Claim 55% Off TipRanks

An announcement from Lachlan Star ( (AU:LSA) ) is now available.

Lachlan Star Limited has applied for the quotation of 60,000,000 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of April 9, 2026. The sizeable issuance, lodged as a new Appendix 2A announcement, expands the company’s quoted share capital and may signal ongoing corporate or capital management activity that could affect ownership structure and liquidity for existing and prospective investors.

The most recent analyst rating on (AU:LSA) stock is a Hold with a A$0.15 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

Lachlan Star Limited is an Australia-listed company trading under the ASX code LSA. The company operates through ordinary fully paid shares listed on the Australian Securities Exchange, though the specific industry and core operations are not disclosed in the announcement.

YTD Price Performance: 198.08%

Average Trading Volume: 838,951

Technical Sentiment Signal: Hold

Current Market Cap: A$47.79M

Find detailed analytics on LSA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1