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An update from Lotus Resources Limited ( (AU:LOT) ) is now available.
Lotus Resources Limited has notified the ASX of the lapse of 377,075 options (security code LOTAAK) that were due to expire on 30 June 2029. The options have ceased because the conditional rights attached to them were not satisfied or have become incapable of being satisfied, resulting in a reduction of potential future dilution from these instruments in the company’s capital structure.
The most recent analyst rating on (AU:LOT) stock is a Buy with a A$0.28 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 is an Australian Securities Exchange (ASX)-listed company, trading under the code LOT. While this announcement does not outline its business operations, the company is a resource-sector issuer that manages its capital structure through listed and unlisted securities on the ASX.
Average Trading Volume: 18,241,173
Technical Sentiment Signal: Sell
Current Market Cap: A$448.3M
For an in-depth examination of LOT stock, go to TipRanks’ Overview page.