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Lincoln Minerals Limited ( (AU:LML) ) just unveiled an announcement.
Lincoln Minerals Limited has applied to the ASX for quotation of 2,072,029 new fully paid ordinary shares, following the exercise or conversion of existing options or other convertible securities. The additional shares modestly expand the company’s quoted capital base and signal ongoing utilisation of equity-linked instruments by investors, with potential implications for shareholder dilution and future capital management strategies.
The most recent analyst rating on (AU:LML) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lincoln Minerals Limited stock, see the AU:LML Stock Forecast page.
More about Lincoln Minerals Limited
Average Trading Volume: 6,780,450
Technical Sentiment Signal: Hold
Current Market Cap: A$51.82M
For detailed information about LML stock, go to TipRanks’ Stock Analysis page.