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Lindsay Australia Limited ( (AU:LAU) ) has provided an update.
Lindsay Australia Limited has applied for quotation on the ASX of 505,000 new fully paid ordinary shares under code LAU, with an issue date of 11 February 2026. The additional securities arise from the exercise or conversion of existing options or other convertible securities, marginally increasing the company’s listed capital base and potentially enhancing liquidity for current and prospective investors.
The most recent analyst rating on (AU:LAU) stock is a Hold with a A$0.70 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 is an ASX-listed company operating under the ticker LAU. The company is engaged in the provision of services or activities that warrant public equity listing on the Australian Securities Exchange, although this specific release does not detail its operating industry or core products.
Average Trading Volume: 590,897
Technical Sentiment Signal: Hold
Current Market Cap: A$238.8M
For an in-depth examination of LAU stock, go to TipRanks’ Overview page.