Lotus Resources Limited (AU:LOT) has released an update.
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Lotus Resources Limited announced that Director Michael Bowen has increased his indirect stake in the company by acquiring 120,000 ordinary fully paid shares through a Share Purchase Plan, raising his holding to 5,370,000 shares. The acquisition was valued at $30,000, with each share priced at $0.25, signaling confidence in the company’s prospects.
For further insights into AU:LOT stock, check out TipRanks’ Stock Analysis page.