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Lotus Resources Says State Street Increases Stake, Shares Hit 6-Year Low

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Lotus Resources (ASX:LOT) said State Street and its subsidiaries have increased their stake in the company on May 8 to 8.27% or 22.6 million shares from 7.22% or 19.7 million shares, according to a Wednesday Australian bourse filing.

The company's shares fell 7% to their lowest since May 2020 in recent Wednesday trade.

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