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Lindian Resources Seeks ASX Quotation for 8.47 Million New Shares

Story Highlights
  • Lindian Resources has applied to quote 8,474,811 new fully paid ordinary shares on the ASX.
  • The additional shares, issued via exercised options or conversions, modestly increase free float and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lindian Resources Seeks ASX Quotation for 8.47 Million New Shares

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An announcement from Lindian Resources Limited ( (AU:LIN) ) is now available.

Lindian Resources Limited has applied to the ASX for quotation of 8,474,811 fully paid ordinary shares, expanding its listed securities on the Australian market. The new shares, issued on 19 December 2025 following the exercise or conversion of existing options or other convertible securities, modestly increase the company’s free float and may slightly enhance liquidity for shareholders, though the announcement provides no further operational or strategic details.

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

Average Trading Volume: 9,578,418

Technical Sentiment Signal: Buy

Current Market Cap: A$623.6M

See more insights into LIN stock on TipRanks’ Stock Analysis page.

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