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Lindsay Australia Limited Director Increases Stake with Share Acquisition

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Lindsay Australia Limited Director Increases Stake with Share Acquisition

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Lindsay Australia Limited ( (AU:LAU) ) has shared an announcement.

Lindsay Australia Limited has announced a change in the director’s interest, with Rodney John Boys acquiring 80,000 ordinary fully paid shares in the company through an on-market trade. This acquisition reflects a significant increase in Mr. Boys’ stake in the company, potentially indicating confidence in the company’s future performance and strategic direction, which may have implications for stakeholders and market perception.

The most recent analyst rating on (AU:LAU) stock is a Buy with a A$0.80 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 within the logistics and transport industry, focusing primarily on providing transportation services and logistics solutions. The company is recognized for its expertise in managing supply chains and delivering goods efficiently across various markets.

Average Trading Volume: 768,590

Technical Sentiment Signal: Hold

Current Market Cap: A$240.1M

For detailed information about LAU stock, go to TipRanks’ Stock Analysis page.

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