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Lindian Resources Limited ( (AU:LIN) ) has provided an update.
Lindian Resources Limited has announced the issuance of 18,374,123 fully paid ordinary shares following the conversion of options exercisable at $0.30 before December 9, 2025. This move, executed without disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legislative provisions and indicates no undisclosed information affecting investors’ assessments of the company’s financial standing and share rights.
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 operating in the resources sector, primarily focused 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: 10,052,965
Technical Sentiment Signal: Buy
Current Market Cap: A$625M
For an in-depth examination of LIN stock, go to TipRanks’ Overview page.