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LGI Limited Announces Quotation of New Securities

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LGI Limited Announces Quotation of New Securities

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LGI LTD ( (AU:LGI) ) has provided an update.

LGI Limited has announced the quotation of 10,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.

The most recent analyst rating on (AU:LGI) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on LGI LTD stock, see the AU:LGI Stock Forecast page.

More about LGI LTD

Average Trading Volume: 167,057

Technical Sentiment Signal: Buy

Current Market Cap: A$310.8M

For detailed information about LGI stock, go to TipRanks’ Stock Analysis page.

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