This is what the shareholding structure of Bathurst Resources Limited (ASX: BRL) looks like
A look at the shareholders of Bathurst Resources Limited (ASX: BRL) can tell us which group is more powerful. Institutions often own shares in larger companies, and we would expect insiders to own a noticeable percentage of smaller ones. Warren Buffett said he enjoys “a business with sustainable competitive advantages that is led by skilled, owner-oriented people.” So it’s nice to see some insider ownership as it can suggest that the management is owner-driven.
Bathurst Resources is not a large company by world standards. It has a market cap of AU $ 140 million, which means it wouldn’t get the attention of many institutional investors. In the graph below, we can see that institutional investors have bought into the company. Let’s take a closer look at what different types of shareholders can tell us about Bathurst Resources.
Check out our latest analysis for Bathurst Resources
What does institutional ownership tell us about Bathurst’s resources?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. . We would expect most businesses to have some institutions listed, especially if they are growing.
As you can see, institutional investors own a large stake in Bathurst Resources. This implies that analysts working for these institutions have reviewed the action and appreciate it. But like everyone else, they could be wrong. If several institutions change their mind about a stock at the same time, you could see the stock price drop quickly. So it’s worth checking out Bathurst Resources’ earnings history below. Of course, the future is what really matters.
Hedge funds don’t have a lot of shares in Bathurst Resources. The main shareholder of the company is Republic Investment Management Pte Ltd, with a 23% stake. Talley’s Group Limited is the second largest shareholder holding 12% of the ordinary shares, and VP Fund Solutions (Luxembourg) SA owns approximately 7.5% of the shares of the company. In addition, the CEO of the company, Richard Tacon, directly owns 0.9% of the total shares outstanding.
Looking further, we found that 56% of the shares are owned by the top 5 shareholders. In other words, these shareholders have a say in the decisions of the company.
While studying the institutional ownership of a company can add value to your research, it is also recommended that you research analyst recommendations to better understand the expected performance of a stock. There is a little analyst coverage of the stock, but not a lot. There is therefore room for it to acquire more cover.
Bathurst Resources Insider Ownership
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The management of the company is accountable to the board of directors and the board must represent the interests of the shareholders. Notably, sometimes senior executives themselves sit on the board.
I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.
Our most recent data indicates that insiders own a reasonable proportion of Bathurst Resources Limited. It has a market cap of just A $ 140 million and insiders have shares worth A $ 22 million in their own name. This may suggest that the founders still own a lot of stocks. You can click here to see if they bought or sold.
General public property
With a 32% stake, the general public, made up primarily of individual investors, has some influence over Bathurst Resources. While this property size may not be enough to influence a policy decision in their favor, they can still have a collective impact on company policies.
Owned by a private company
It appears that private companies own 14% of the shares of Bathurst Resources. It is difficult to draw conclusions from this fact alone, so it is worth considering who owns these private companies. Sometimes insiders or other related parties have an interest in shares of a public company through a separate private company.
It’s always worth thinking about the different groups that own shares in a company. But to better understand Bathurst Resources, there are many other factors that we need to consider. For example, we discovered 2 warning signs for Bathurst resources which you should know before investing here.
Ultimately the future is the most important. You can access this free analyst forecast report for the company.
NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.