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Lotus Resources Limited ( (AU:LOT) ) just unveiled an update.
Lotus Resources Limited announced that all resolutions put to shareholders at its 16 January 2026 Extraordinary General Meeting were passed by poll, including the consolidation of the company’s capital and a change to its constitution. The strong voting support, with approval levels around or above 99% for both resolutions, signals broad shareholder backing for the company’s capital structure simplification and updated governance framework, which may enhance its financial flexibility and regulatory alignment going forward.
The most recent analyst rating on (AU:LOT) stock is a Hold with a A$0.22 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 (ASX: LM8) is an Australia-based resources company listed on the ASX, operating in the mining and resources sector. The company is focused on advancing its portfolio for investors through active corporate governance and capital management initiatives aligned with Australian corporate and securities regulations.
Average Trading Volume: 16,206,576
Technical Sentiment Signal: Buy
Current Market Cap: A$584.2M
Find detailed analytics on LOT stock on TipRanks’ Stock Analysis page.