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An announcement from Lotus Resources Limited ( (AU:LOT) ) is now available.
Lotus Resources Limited has announced the quotation of 1,210,524 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, indicating a step in the company’s strategic financial operations. The issuance of these securities could potentially impact the company’s market positioning by increasing its capital base and providing more liquidity for stakeholders.
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
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.