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Lindian Resources Limited ( (AU:LIN) ) just unveiled an announcement.
Lindian Resources Limited has issued 6,500,000 fully paid ordinary shares following the conversion of options exercisable at $0.10. This issuance was completed without disclosure to investors as per the Corporations Act, and the company has confirmed compliance with relevant legal provisions, ensuring no undisclosed information affects investor assessments.
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 operates in the resources sector, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker LIN.
Average Trading Volume: 4,747,537
Technical Sentiment Signal: Buy
Current Market Cap: A$333.3M
For an in-depth examination of LIN stock, go to TipRanks’ Overview page.