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Lotus Resources Director Increases Stake Through Share Acquisition

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Lotus Resources Director Increases Stake Through Share Acquisition

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Lotus Resources Limited ( (AU:LOT) ) has issued an update.

Lotus Resources Limited has announced a change in the director’s interest, with Michael Bowen acquiring an additional 394,736 ordinary fully paid shares through participation in the September 2025 Placement. This acquisition increases his indirect holding to 5,764,736 shares, reflecting a strategic move to strengthen his stake in the company, which could influence stakeholder confidence and market perception.

The most recent analyst rating on (AU:LOT) stock is a Buy with a A$0.25 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 resource industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and management of uranium projects, positioning itself within the energy sector.

Average Trading Volume: 20,642,835

Technical Sentiment Signal: Sell

Current Market Cap: A$448.1M

See more insights into LOT stock on TipRanks’ Stock Analysis page.

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