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Lindian Resources Limited ( (AU:LIN) ) just unveiled an update.
Lindian Resources Limited has announced the issuance of 16,000,000 unquoted director performance rights as part of an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted, indicating a strategic move to align management interests with company performance.
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: 284.62%
Average Trading Volume: 11,219,863
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$492.6M
See more insights into LIN stock on TipRanks’ Stock Analysis page.