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The latest update is out from Lindsay Australia Limited ( (AU:LAU) ).
Lindsay Australia Limited has announced a change in the interests of a substantial holder, Safe Driving Concepts Pty Ltd, due to the issuance of 46.5 million new shares to the sellers of SRT Logistics Pty Ltd. This change has resulted in a decrease in voting power from 8.89% to 6.86%, impacting the company’s shareholder structure and potentially influencing its strategic decisions and market position.
The most recent analyst rating on (AU:LAU) stock is a Buy with a A$1.02 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.
More about Lindsay Australia Limited
Average Trading Volume: 617,040
Technical Sentiment Signal: Sell
Current Market Cap: A$228.4M
For detailed information about LAU stock, go to TipRanks’ Stock Analysis page.