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Lindsay Australia Limited ( (AU:LAU) ) has provided an update.
Lindsay Australia Limited has announced that Safe Driving Concepts Pty Ltd has ceased to be a substantial holder in the company. This change results from the sale of 3,532,534 ordinary shares, reducing their holding to below 5%. The transaction, valued at $2,526,719, may impact the company’s shareholder structure and voting dynamics.
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
Average Trading Volume: 804,977
Technical Sentiment Signal: Sell
Current Market Cap: A$243.7M
Find detailed analytics on LAU stock on TipRanks’ Stock Analysis page.