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Lindian Resources Limited ( (AU:LIN) ) has issued an update.
Lindian Resources Limited has reported a change in the holdings of director Robert Martin, with a conversion of 1 million director performance rights into ordinary shares at a deemed price of $0.75. Following the transaction, Martin, via the Martin Family Trust, now holds 2 million ordinary shares and 8 million director performance rights, indicating increased equity ownership without cash consideration and no trading during a closed period.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.91 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Lindian Resources Limited is an Australian-listed company, though this filing provides no direct description of its industry, projects, or markets. The document focuses solely on a change in a director’s holdings and offers no operational or strategic background on the business.
Average Trading Volume: 10,094,894
Technical Sentiment Signal: Buy
Current Market Cap: A$1.68B
For an in-depth examination of LIN stock, go to TipRanks’ Overview page.