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Linq Minerals Director Increases Stake via Private Placement

Story Highlights
  • Director John Holliday increased his indirect stake in Linq Minerals by subscribing to a private share placement.
  • Holliday now holds 331,818 shares and 90,909 options, signalling routine director support for the company’s capital raising.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Linq Minerals Director Increases Stake via Private Placement

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The latest update is out from Linq Minerals Limited ( (AU:LNQ) ).

Linq Minerals Limited has disclosed a change in director John Holliday’s relevant interests following his participation in a company share placement. Holliday, through Monzonite Investments Pty Ltd as trustee of the Monzonite Super Fund, acquired 181,818 fully paid ordinary shares for $100,000 and 90,909 free attaching unlisted options exercisable at $0.78, expiring on 1 April 2028.

Following the transaction, Holliday’s indirect holding increased to 331,818 fully paid ordinary shares and 90,909 unlisted options, reflecting his participation in a private placement approved by shareholders at the company’s 30 March 2026 AGM. The notice confirms there were no disposals of securities and that the trades did not occur during a closed period requiring special clearance, signalling routine director support for the company’s capital raising.

The most recent analyst rating on (AU:LNQ) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on Linq Minerals Limited stock, see the AU:LNQ Stock Forecast page.

More about Linq Minerals Limited

Linq Minerals Limited operates in the minerals and resources sector, focusing on exploration and development activities. The company is listed on the ASX and its capital structure includes fully paid ordinary shares and unlisted options held by directors and related entities.

Average Trading Volume: 1,363,222

Technical Sentiment Signal: Strong Buy

See more data about LNQ stock on TipRanks’ Stock Analysis page.

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