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Lindian Resources Director Acquires Significant Shareholding

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Confident Investing Starts Here:

Lindian Resources Limited ( (AU:LIN) ) has provided an announcement.

Lindian Resources Limited announced a change in the director’s interest, with Robert Martin acquiring 1,000,000 ordinary shares through an off-market purchase valued at $90,000. This transaction, which was re-issued to specify the consideration paid per share, reflects a significant increase in Martin’s indirect interest in the company, potentially impacting shareholder dynamics and indicating confidence in the company’s future prospects.

The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.69 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: 53.85%

Average Trading Volume: 1,663,577

Technical Sentiment Signal: Hold

Current Market Cap: A$138.4M

For a thorough assessment of LIN stock, go to TipRanks’ Stock Analysis page.

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