LOT.AX Lotus Resources down 20% pre-market ASX 10 Feb 2026: catalysts, risks

LOT.AX stock opened sharply lower in pre-market trading on ASX on 10 Feb 2026, sliding to A$2.30, down 20.14% (‑A$0.58) on heavy volume of 5,815,850 shares. The move makes Lotus Resources Limited (LOT.AX) one of the top losers as traders digest valuation and timing risks ahead of an earnings window. Volume is roughly 6.20x average volume, signalling active repositioning in the Basic Materials sector and concentrated selling into the fall.