Lotus Resources Heading for Another Equity Raise -- Market Talk

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2154 GMT - Lotus Resources appears headed for another equity raise, two months after it rattled the tin with investors for A$79 million. That's the view of Ord Minnett after a March quarter it describes as shocking. "At steady state, we believe Lotus's future earnings would justify a price of A$2.75/share, but it needs to get there first, which we believe will need funding of A$100 million, perhaps some debt and more equity," analyst Matthew Hope says. Ord Minnett suggests Lotus will seek to raise equity in the September quarter. Until funding is resolved, the stock will be held at around A$1.00/share. That's the level of Ord Minnett's new target price, down 74% on before. It also downgrades the stock to hold, from speculative buy. Lotus ended last week at A$0.90. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 03, 2026 17:54 ET (21:54 GMT)

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That's the view of Ord Minnett after a March quarter it describes as shocking. \"At steady state, we believe <a href=\"https://laohu8.com/S/LOT\">Lotus</a>'s future earnings would justify a price of A$2.75/share, but it needs to get there first, which we believe will need funding of A$100 million, perhaps some debt and more equity,\" analyst Matthew Hope says. Ord Minnett suggests Lotus will seek to raise equity in the September quarter. Until funding is resolved, the stock will be held at around A$1.00/share. That's the level of Ord Minnett's new target price, down 74% on before. It also downgrades the stock to hold, from speculative buy. Lotus ended last week at A$0.90. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 03, 2026 17:54 ET (21:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lotus Resources Heading for Another Equity Raise -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLotus Resources Heading for Another Equity Raise -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-04 05:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2154 GMT - <a href=\"https://laohu8.com/S/LOT.AU\">Lotus Resources</a> appears headed for another equity raise, two months after it rattled the tin with investors for A$79 million. That's the view of Ord Minnett after a March quarter it describes as shocking. \"At steady state, we believe <a href=\"https://laohu8.com/S/LOT\">Lotus</a>'s future earnings would justify a price of A$2.75/share, but it needs to get there first, which we believe will need funding of A$100 million, perhaps some debt and more equity,\" analyst Matthew Hope says. Ord Minnett suggests Lotus will seek to raise equity in the September quarter. Until funding is resolved, the stock will be held at around A$1.00/share. That's the level of Ord Minnett's new target price, down 74% on before. It also downgrades the stock to hold, from speculative buy. Lotus ended last week at A$0.90. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 03, 2026 17:54 ET (21:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632365986","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632365986","pubTimestamp":1777845240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2154 GMT - Lotus Resources appears headed for another equity raise, two months after it rattled the tin with investors for A$79 million. That's the view of Ord Minnett after a March quarter it describes as shocking. \"At steady state, we believe Lotus's future earnings would justify a price of A$2.75/share, but it needs to get there first, which we believe will need funding of A$100 million, perhaps some debt and more equity,\" analyst Matthew Hope says. Ord Minnett suggests Lotus will seek to raise equity in the September quarter. Until funding is resolved, the stock will be held at around A$1.00/share. That's the level of Ord Minnett's new target price, down 74% on before. It also downgrades the stock to hold, from speculative buy. Lotus ended last week at A$0.90. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","BK4215":"住宅房地产投资信托","BK7083":"煤与消费用燃料","LOT.AU":"Lotus Resources","BK4588":"碎股","BK4585":"ETF&股票定投概念","EQR":"资产住宅公司"},"translate_title":"Lotus Resources即将进行另一次股权融资——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LOT.AU":0.9,"EQR":1.5},"content_text":"2154 GMT - Lotus Resources appears headed for another equity raise, two months after it rattled the tin with investors for A$79 million. That's the view of Ord Minnett after a March quarter it describes as shocking. \"At steady state, we believe Lotus's future earnings would justify a price of A$2.75/share, but it needs to get there first, which we believe will need funding of A$100 million, perhaps some debt and more equity,\" analyst Matthew Hope says. Ord Minnett suggests Lotus will seek to raise equity in the September quarter. Until funding is resolved, the stock will be held at around A$1.00/share. That's the level of Ord Minnett's new target price, down 74% on before. It also downgrades the stock to hold, from speculative buy. Lotus ended last week at A$0.90. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 03, 2026 17:54 ET (21:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}