Bathurst Resources Limited's (ASX:BRL) largest shareholders are retail investors with 43% ownership, institutions own 31%
In This Article:
Key Insights
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Bathurst Resources' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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The top 7 shareholders own 51% of the company
If you want to know who really controls Bathurst Resources Limited (ASX:BRL), then you'll have to look at the makeup of its share registry. We can see that retail investors own the lion's share in the company with 43% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Institutions, on the other hand, account for 31% of the company's stockholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of 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 suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Bathurst Resources, (below). Of course, keep in mind that there are other factors to consider, too.
Bathurst Resources is not owned by hedge funds. The company's largest shareholder is Republic Investment Management Pte. Ltd., with ownership of 21%. Meanwhile, the second and third largest shareholders, hold 11% and 8.9%, of the shares outstanding, respectively. In addition, we found that Richard Tacon, the CEO has 0.8% of the shares allocated to their name.
We did some more digging and found that 7 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.