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LGI LTD ( (AU:LGI) ) has provided an announcement.
LGI Limited has announced the issuance of 10,000 fully paid ordinary shares without disclosure to investors under specific provisions of the Corporations Act. This move signifies LGI’s compliance with relevant legislative requirements and highlights its ongoing efforts to enhance its market position and operational capabilities in the renewable energy sector.
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
LGI is a leading company in the domestic market specializing in the recovery of biogas from landfills, converting it into renewable electricity and environmental products. The company operates with a vertically integrated approach, managing landfill gas infrastructure and providing solutions for renewable electricity generation and carbon abatement, addressing environmental issues at waste disposal sites.
Average Trading Volume: 167,057
Technical Sentiment Signal: Buy
Current Market Cap: A$310.8M
See more data about LGI stock on TipRanks’ Stock Analysis page.