In This Article:
Key Insights
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Alkane Resources' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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A total of 16 investors have a majority stake in the company with 51% ownership
If you want to know who really controls Alkane Resources Ltd (ASX:ALK), then you'll have to look at the makeup of its share registry. With 48% stake, retail investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
And private companies on the other hand have a 29% ownership in the company.
In the chart below, we zoom in on the different ownership groups of Alkane Resources.
View our latest analysis for Alkane Resources
What Does The Institutional Ownership Tell Us About Alkane 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.
As you can see, institutional investors have a fair amount of stake in Alkane Resources. 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. 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 Alkane Resources' earnings history below. Of course, the future is what really matters.
Alkane Resources is not owned by hedge funds. Our data shows that Abbotsleigh Pty Ltd. is the largest shareholder with 9.6% of shares outstanding. The second and third largest shareholders are Chapelgreen Pty Ltd and Ian Gandel, with an equal amount of shares to their name at 8.9%. Ian Gandel, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board. Additionally, the company's CEO Nicolas Earner directly holds 1.0% of the total shares outstanding.
A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 51% implying that no single shareholder has a majority.
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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of Alkane Resources
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.