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The latest announcement is out from Lindian Resources Limited ( (AU:LIN) ).
Lindian Resources Limited has issued a total of 146,406,472 fully paid ordinary shares as part of a placement and option conversion, which was initially announced on 20 August 2025. This strategic move is in compliance with the Corporations Act and aims to enhance the company’s financial position, potentially impacting its market presence and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.93 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 a company listed on the Australian Securities Exchange (ASX: LIN) that operates in the resources sector. The company focuses on the exploration and development of mineral resources, contributing to the mining industry.
Average Trading Volume: 4,474,556
Technical Sentiment Signal: Buy
Current Market Cap: A$308.6M
For detailed information about LIN stock, go to TipRanks’ Stock Analysis page.