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Ven Capital Reduces Stake in Lindian Resources

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Ven Capital Reduces Stake in Lindian Resources

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Lindian Resources Limited ( (AU:LIN) ) has shared an announcement.

Lindian Resources Limited has experienced a change in the interests of its substantial holder, Ven Capital Pty Ltd. Ven Capital reduced its voting power from 6.81% to 5.61% through an on-market sale of 12,193,939 ordinary shares, valued at $1,204,457.72. This change in holdings may impact the company’s shareholder dynamics and influence its market positioning.

The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.

More about Lindian Resources Limited

Average Trading Volume: 1,764,403

Technical Sentiment Signal: Sell

Current Market Cap: A$101.8M

Learn more about LIN stock on TipRanks’ Stock Analysis page.

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