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Lotus Resources Limited ( (AU:LOT) ) just unveiled an update.
Lotus Resources Limited has announced the issuance of unquoted equity securities as part of their employee incentive scheme. The company will issue 8,695,209 short-term and 12,458,042 long-term performance rights for the fiscal year 2026, which are not intended to be quoted on the ASX. This move is likely aimed at aligning employee interests with company performance, potentially impacting stakeholder perceptions and company operations positively.
The most recent analyst rating on (AU:LOT) stock is a Buy with a A$0.31 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: 19,325,302
Technical Sentiment Signal: Sell
Current Market Cap: A$489.1M
For an in-depth examination of LOT stock, go to TipRanks’ Overview page.