Lotus Resources Limited (AU:LOT) has released an update.
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Lotus Resources Limited has experienced a change in substantial shareholding, with Davey Holdings reducing its voting power from 8.97% to 7.15% following an on-market share sale. This shift reflects a decrease in the number of ordinary shares held from 154,776,468 to 150,098,458. Investors may watch how this alteration in shareholder composition could impact the company’s strategic decisions moving forward.
For further insights into AU:LOT stock, check out TipRanks’ Stock Analysis page.