tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LGI Limited Announces Securities Purchase Plan

Story Highlights
LGI Limited Announces Securities Purchase Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

LGI Limited has announced a proposed issue of securities under a securities purchase plan, with a total of 1,298,701 ordinary fully paid securities to be issued. The offer is set to close on November 12, 2025, with the issue date scheduled for November 19, 2025. This move is aimed at raising capital, potentially impacting the company’s market positioning by providing additional financial resources for growth or operational needs.

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: 196,661

Technical Sentiment Signal: Buy

Current Market Cap: A$342M

For detailed information about LGI stock, go to 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