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The latest announcement is out from Lotus Resources Limited ( (AU:LOT) ).
Lotus Resources Limited has notified the ASX of a new issue of unquoted equity securities under its employee incentive scheme. The company will issue 16,746 nil‑exercise-price options (ASX code: LOTAAL) expiring on 30 September 2027, which are not intended to be quoted on the ASX, effectively expanding its pool of staff incentives and potentially strengthening employee alignment with long-term shareholder interests.
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
Average Trading Volume: 18,241,173
Technical Sentiment Signal: Sell
Current Market Cap: A$448.3M
See more data about LOT stock on TipRanks’ Stock Analysis page.