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Lindian Resources Applies for Quotation of 2 Million New Shares on ASX

Story Highlights
  • Lindian Resources has sought ASX quotation for 2,000,000 new fully paid ordinary shares.
  • The additional shares, issued via exercised or converted securities, expand Lindian’s quoted capital base and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lindian Resources Applies for Quotation of 2 Million New Shares on ASX

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Lindian Resources Limited ( (AU:LIN) ) just unveiled an announcement.

Lindian Resources Limited has applied to the ASX for quotation of an additional 2,000,000 fully paid ordinary shares under its existing issuer code LIN. The new securities, issued on 22 December 2025 following the exercise or conversion of options or other convertible instruments, will expand the company’s quoted share capital, potentially enhancing liquidity for investors and providing Lindian with additional flexibility in its capital structure.

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

YTD Price Performance: 380.77%

Average Trading Volume: 9,660,177

Technical Sentiment Signal: Buy

Current Market Cap: A$626.8M

Learn more about LIN stock on TipRanks’ Stock Analysis page.

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