In this week’s recap of substantial holder movements backers have included Emanuel Datt, Anthony Barton and AustralianSuper. All of these put money into mining companies in the last week.

Substantial shareholders are shareholders holding 5 per cent or more of a company’s shares and these can be directors, individual investors or institutional investors.

Shareholders are required to announce to the exchange when they cross above or below the 5 per cent threshold and any change in their holdings while they remain above 5 per cent.


You’d probably recognised Tony Barton as CEO of King River Copper (ASX: KRC). But he also owns a stake in Spectrum Metals (ASX: SPX) which he increased to 8.5 per cent last week.

His investment has nearly doubled since then as the company announced significant gold intersections.

Another mining investor, Emanuel Datt, became a substantial holder of fellow gold explorer Yandal Resources (ASX: YRL). He bought a 7 per cent stake in the company as part of a capital raise.

Yandal’s managing director Lorry Hughes declared in its quarterly it would be “a transformational ear ahead”.

AustralianSuper bought a 5.93 per cent stake Jervois Mining (ASX: JRV) just as it completes a merger with eCobalt.

Among fund managers, Bennelong Investment Partners bought an 8.27 per cent stake in Viva Leisure (ASX: VVA) and IOOF increased its stake in satellite play Speedcast (ASX: SDA) to 12.48 per cent.

It also increased its stake in semiconductor stock Revasum (ASX: RVS) to 13.42 per cent. It has not been a happy time, having fallen over 30 per cent in its first six months after listing, but its recent quarterly has given shareholders hope it may be about to turn the corner.

Regal Funds Management increased its stake in Nickel Mines (ASX: NIC) to 8.27 per cent, putting a further $1.2 million into the company.

Company Code Market Cap Holder Stake Status
Spectrum Metals SPX $62.0M Anthony Barton 8.50% Increasing
Revasum RVS $46.2M IOOF 13.42% Increasing
Cycliq CYQ $1.9M Merchant Funds Management 18.99% Increasing
Orcoda ODA $18.4M Alium Alpha Fund 15.24% Increasing
Ausmex Mining Group AMG $64.9M Wayne McCrae 22.98% Increasing
Xanadu Mines XAM $37.2M CAAF 23.87% Increasing
Reffind RFN $1.8M Rookesbury 5.66% Becoming
Auroch Minerals AOU $8.7M MIMO Strategies 9.94% Increasing
Hills Ltd HIL $45.2M Merchant Funds Management 8.77% Increasing
AuStar Gold AUL $10.2M Paul McNally 12.52% Increasing
Salmat SLM $99.8M Samuel Terry Asset Management 6.90% Increasing
ParaZero PRZ $5.3M Meah Plus Maarchot Betichot 14.85% Increasing
Pacific American Holdings PAK $6.1M Michael Antoska 5.51% Becoming
Citadel Group CGL $219.2M Montgomery Investment Management 5.03% Becoming
Byron Energy BYE $170.4M Metgasco 7.14% Increasing
Tando Resources TNO $16.2M Kumane Investments 12.78% Becoming
Tando Resources TNO $16.2M AMA Cas Props 7.75% Becoming
Kogan KGN $466.8M Challenger 7.65% Increasing
Nickel Mines NIC $846.7M Regal Funds Management 8.43% Increasing
Sportshero SHO $19.5M IPV Capital 5.72% Becoming
Beacon Minerals BCN $80.4M Graham McGarry 9.29% Increasing
Viva Leisure VVA $59.4M Bennelong Investment partners 8.27% Becoming
Carnavale Resources CAV $4.5M Vienna Holdings 8.53% Increasing
Genex Power GNX $102.5M Asia Ecoenergy 8.88% Increasing
Yandal Resources YRL $9.1M Datt Group 7.26% Becoming
Silver Chef SIV $28.7M Luke Trickett 13.69% Increasing
County International CCJ $1.5M Robert Cameron 5.83% Becoming
Sunland Group SDG $241.1M Phoenix Portfolios 5.12% Becoming
Sun Resources SUR $1.9M Ribblesdale Super Fund 6.35% Becoming
Jervois Mining JRV $148.6M AustralianSuper 5.93% Becoming
CommsChoice CCG $7.1M Greig & Harrison 12.67% Becoming
Cassini Resources CZI $39.9M Sufan Siauw an Lusmiati Marsudidjaja 5.12% Becoming
Speedcast SDA $467.5M IOOF 12.48% Increasing
CV Check CV1 $51.9M Bernard Stephens 6.92% Increasing
Straker Translations STG $110.1M SkyOne Capital 8.53% Increasing
Elsight ELS $35.5M Li Kwok Po David 6.25% Becoming
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Remember Family Zone (ASX: FZO), that company which has a thing or two to say about mobile phone bans in schools? Regal Funds Management ceased to be a substantial holder, now only holding 4.7 per cent. It did similarly with lithium explorer Ardiden (ASX: ADV), and now holds a 4.85 per cent stake.

Perpetual decreased its stake in Shaver Shop (ASX: SSG) to 13.28 per cent and Challenger completely sold out of Speedcast (ASX: SDA).

As we covered a few weeks ago, SDA crashed to a record low after an earnings downgrade. Other holders, such as UK hedge fund Portsea Asset Management, responded by buying more despite losing tens of millions.

Challenger, however, sold out last Friday – to the tune of $41 million.

Company Code Market Cap Holder Current Stake Status
Imagion Biosystems IBX $15.2M Kemper Shaw 9.82% Decreasing
8IP Emerging Companies 8EC $33.4M Aurora Funds Management 13.32% Decreasing
Auroch Minerals AOU $8.7M MIMO Strategies 9.94% Decreasing
Family Zone FZO $47.2M Regal Funds Management 4.71% Ceasing
Imagion Biosystems IBX $15.2M William Taylor 6.70% Decreasing
Renascor Resources RNU $19.6M Kabinnge Super Fund 11.62% Decreasing
Nelson Resources NES $2.4M Metals X 7.35% Decreasing
Droneshield DRO $46.4M Brian Hearing 4.95% Ceasing
Hazer Group HZR $33.1M Geoff Pocock 4.93% Ceasing
Impedimed IPD $73.5M Kinetic Investment Partners 3.61% Ceasing
Ardiden ADV $5.1M Regal Funds Management 4.85% Ceasing
Imdex IMD $509.5M IOOF 6.69% Decreasing
Speedcast SDA $467.5M Challenger 0% Ceasing
Connexion Telematics CXZ $19.6M Lucerne Group 19.99% Decreasing
Shaver Shop Group SSG $57.7M Perpetual 13.28% Decreasing
WhiteHawk WHK $15.3M RiverFort Global Opportunities 4.99% Ceasing
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