tiprankstipranks
Macquarie Group Ends Major Stake in Lotus Resources
Company Announcements

Macquarie Group Ends Major Stake in Lotus Resources

Lotus Resources Limited (AU:LOT) has released an update.

Macquarie Group Limited, along with its associated entities, has ceased to be a substantial holder in Lotus Resources Limited, as detailed in their recent statutory filing. The change involves a shift in voting power due to transactions that have occurred since their last substantial holding notice. This development could signal a strategic realignment for stakeholders and the market at large, reflecting Macquarie’s evolving investment interests.

For further insights into AU:LOT stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!