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Lindian Resources Limited ( (AU:LIN) ) just unveiled an update.
Lindian Resources Limited has announced the application for the quotation of 295,925,951 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move follows previous transactions announced in an Appendix 3B, and the securities are set to be issued on September 15, 2025. The announcement signifies a significant step for Lindian Resources in expanding its market presence and potentially enhancing its financial standing. The impact on stakeholders could include increased liquidity and investment opportunities.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.89 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: 182.05%
Average Trading Volume: 5,935,948
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$295.3M
For an in-depth examination of LIN stock, go to TipRanks’ Overview page.