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An announcement from Lotus Resources Limited ( (AU:LOT) ) is now available.
Lotus Resources Limited has announced a change in the director’s interest notice, specifically regarding Gregory Bittar. The change involves the acquisition of a significant number of performance rights by Gernie Invts Pty Ltd, a trust associated with Bittar. This move is part of his remuneration package as an executive, with the performance rights having various vesting conditions and no exercise price. This development reflects the company’s strategic approach to aligning executive interests with long-term company performance, potentially impacting stakeholder perceptions and the company’s market positioning.
The most recent analyst rating on (AU:LOT) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Lotus Resources Limited stock, see the AU:LOT Stock Forecast page.
More about Lotus Resources Limited
Lotus Resources Limited operates in the resources sector, focusing on the exploration and development of uranium projects. The company is primarily involved in the production and sale of uranium, with a market focus on supplying this critical energy resource.
Average Trading Volume: 19,263,314
Technical Sentiment Signal: Sell
Current Market Cap: A$489.1M
For detailed information about LOT stock, go to TipRanks’ Stock Analysis page.