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Lindsay Australia Limited ( (AU:LAU) ) just unveiled an announcement.
Lindsay Australia Limited has announced the issuance of 46,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) as of July 1, 2025. This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially impacting its market positioning and providing new opportunities for stakeholders.
The most recent analyst rating on (AU:LAU) stock is a Buy with a A$1.30 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
Lindsay Australia Limited operates in the logistics and transport industry, primarily providing freight and logistics services across Australia. The company focuses on delivering efficient and reliable transportation solutions, catering to various sectors including agriculture and retail.
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.