Lotus Res. (LOT) is held by 2 ASX ETFs. Over the last 3 months it fell 68.2%: on $10,000, −$6818. We explain 4 big moves in that time.
About LOT
- SectorMaterials
- IndustryMaterials
- Size$117.6m
- Held by2 ETFs
- Big moves4 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −26.1%30 Jul 2026· Capital Raise
Lotus Resources completed a deeply discounted A$60.1M underwritten capital raise following a Kayelekera production halt, causing massive dilution and a sharp selloff.
- +26.0%peak +40.0%28 Jul 2026· Short Interest
Lotus Resources rebounded sharply after returning from a trading suspension following a deeply discounted capital raise, triggering short-covering by heavily shorted investors as the stock found a floor after crashing 57% on resumption the prior day
- −62.1%peak −66.7%27 Jul 2026· Capital Raise
Lotus Resources crashed 57% on resumption of trading after completing a deeply discounted institutional entitlement offer capital raise, with new shares issued at a price far below the previous trading price.
- −33.3%20 Jul 2026· Operational
Lotus Resources deferred uranium deliveries due to acid plant damage at Kayelekera, delaying production ramp-up.
Held by 2 ETFs
Of every $10,000 in each fund, how much is in LOT today.
Why did LOT rise 26.0% on 28 Jul 2026?
Lotus Res.
Lotus Resources rebounded sharply after returning from a trading suspension following a deeply discounted capital raise, triggering short-covering by heavily shorted investors as the stock found a floor after crashing 57% on resumption the prior day
News from July 27 confirms LOT was reinstated to ASX trading after a suspension related to a funding announcement, and crashed 57% on resumption due to a deep-discount capital raise. The 32% bounce the following day (July 28) is consistent with short-squeeze dynamics, supported by multiple articles identifying LOT as one of the ASX's most heavily shorted stocks. No formal company announcement was captured in Layer 1, and the broader materials sector was down 1.4%, ruling out sector tailwinds — the move is therefore driven by post-crash mean-reversion and short-covering rather than any new positive catalyst.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
Sector / macro signals
What it did to the 2 ETFs holding LOT
On $10,000 in each fund, at the weight it holds today