Institutions own 31% of Bathurst Resources Limited (ASX:BRL) shares but individual investors control 43% of the company
In This Article:
Key Insights
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The considerable ownership by individual investors in Bathurst Resources indicates that they collectively have a greater say in management and business strategy
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A total of 7 investors have a majority stake in the company with 51% ownership
To get a sense of who is truly in control of Bathurst Resources Limited (ASX:BRL), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 43% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Meanwhile, institutions make up 31% of the company’s shareholders. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies.
Let's delve deeper into each type of owner of Bathurst Resources, beginning with the chart below.
Check out our latest analysis for Bathurst Resources
What Does The Institutional Ownership Tell Us About Bathurst Resources?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that Bathurst Resources does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Bathurst Resources' earnings history below. Of course, the future is what really matters.
Bathurst Resources is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Republic Investment Management Pte. Ltd. with 21% of shares outstanding. Talley's Group Limited is the second largest shareholder owning 11% of common stock, and VP Fund Solutions (Luxembourg) SA holds about 8.9% of the company stock. Additionally, the company's CEO Richard Tacon directly holds 0.8% of the total shares outstanding.
We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.