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 fall 26.1% on 30 Jul 2026?
Lotus Res.
Lotus Resources completed a deeply discounted A$60.1M underwritten capital raise following a Kayelekera production halt, causing massive dilution and a sharp selloff.
News on the event date confirms a capital raise of A$60.1M via an underwritten entitlement offer, explicitly linked to a production halt at Kayelekera. Earlier articles detail the brutal nature of the raise and broker target cuts, which aligns perfectly with the price move and high volume. The downward direction and magnitude are directly attributable to the dilution and negative sentiment from this financing event.
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
What it did to the 2 ETFs holding LOT
On $10,000 in each fund, at the weight it holds today