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Lotus Resources Limited ( (AU:LOT) ) just unveiled an announcement.
Lotus Resources Limited has completed a consolidation of its issued share capital on an 11.5-for-1 basis, following shareholder approval at an extraordinary general meeting held on 16 January 2026. The post-consolidation structure leaves the company with 236,291,354 fully paid ordinary shares on issue along with a range of performance rights and options with varying expiry dates and exercise conditions, and new holding statements are being sent to investors with fractional entitlements rounded to the nearest whole share. The move simplifies Lotus’s capital base and is likely aimed at improving the company’s share price optics and capital management flexibility, a common step for resources companies seeking to appeal to a broader investor base and better align incentive structures with long-term share performance.
The most recent analyst rating on (AU:LOT) stock is a Hold with a A$2.50 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-listed resources company trading on the ASX under the ticker LOT and on OTCQX as LTSRF. The company operates in the mining and resources sector, with its securities structure including fully paid ordinary shares, performance rights and various classes of options, reflecting a typical capital framework for a growth-focused resources issuer.
Average Trading Volume: 1,354,441
Technical Sentiment Signal: Buy
Current Market Cap: A$611.4M
See more insights into LOT stock on TipRanks’ Stock Analysis page.