Individual investors among Rox Resources Limited's (ASX:RXL) largest shareholders, saw gain in holdings value after stock jumped 14% last week

In This Article:

Key Insights

  • The considerable ownership by individual investors in Rox Resources indicates that they collectively have a greater say in management and business strategy

  • 47% of the business is held by the top 22 shareholders

  • Insiders have bought recently

To get a sense of who is truly in control of Rox Resources Limited (ASX:RXL), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 53% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

As a result, individual investors were the biggest beneficiaries of last week’s 14% gain.

Let's take a closer look to see what the different types of shareholders can tell us about Rox Resources.

Check out our latest analysis for Rox Resources

ownership-breakdown
ASX:RXL Ownership Breakdown March 12th 2025

What Does The Lack Of Institutional Ownership Tell Us About Rox Resources?

Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors.

There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to funds under management, so the institution does not bother to look closely at the company. Alternatively, there might be something about the company that has kept institutional investors away. Rox Resources might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely.

earnings-and-revenue-growth
ASX:RXL Earnings and Revenue Growth March 12th 2025

Rox Resources is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is TFG Asset Management L.P. with 20% of shares outstanding. In comparison, the second and third largest shareholders hold about 9.5% and 9.3% of the stock.

A deeper look at our ownership data shows that the top 22 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

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. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Rox 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.