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Lindian Resources Limited ( (AU:LIN) ) just unveiled an update.
Lindian Resources Limited has announced the issuance of 1,655,293 fully paid ordinary shares following the conversion of options exercisable at $0.30 before 9 December 2025. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Act. The announcement indicates no excluded information that would impact investors’ informed assessment of the company’s financial position or the rights associated with the shares.
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
Lindian Resources Limited is a company listed on the Australian Securities Exchange (ASX: LIN) that operates in the resources sector. The company is involved in the exploration and development of mineral resources, focusing on projects that have the potential for significant economic returns.
Average Trading Volume: 10,395,441
Technical Sentiment Signal: Buy
Current Market Cap: A$616.1M
Find detailed analytics on LIN stock on TipRanks’ Stock Analysis page.