Trading Places: Here are this week’s substantial holder movements
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Trading Places is Stockhead’s weekly recap of substantial holder transactions among ASX small caps.
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.
Victorian corporate magnate Geoff Lord has had a long and illustrious career from Elders to Foster’s and has included stints on the boards of Hawthorn and the Melbourne Victory.
He now holds 19.5 per cent of Babylon Pump and Power (ASX:BPP) and is the company’s largest shareholder. This week he was formally engaged as a strategic advisor.
Investor Chris Retoz, who is better known for fast food retail (particularly KFC franchises) crossed the substantial holder threshold and owns 5.15 per cent of Technology Metals (ASX:TMT). He bought around $60,000 in the last couple of weeks.
Among fund managers this week, Yarra Funds Management took its holding in vehicle lessor Eclipx Group (ASX:ECX) to 10.38 per cent. It made net purchases of over $15m.
Wilson Asset Management accumulated a 5.82 per cent stake in skincare company BWX (ASX:BWX).
|PKS Holdings||PKS||$20.6M||JM Financial Group||5.93%||Becoming|
|BWX||BWX||$494.5M||Wilson Asset Management||5.82%||Becoming|
|Emeco Holdings||EHL||$578.5M||Perennial Value Management||5.44%||Becoming|
|Superloop||SLC||$365.9M||Perennial Value Management||5.58%||Becoming|
|Panterra Gold||PGI||$7.0M||Moonstar Investments||34.16%||Increasing|
|GR Engineering Services||GNG||$129.8M||Spheria Asset Management||12.04%||Increasing|
|Aura Energy||AEE||$6.6M||Asean Deep Value Fund||16.46%||Increasing|
|Babylon Pump & Power||BPP||$14.5M||Geoffrey Lord||19.50%||Increasing|
|Eureka Group||EGH||$75.9M||Naos Asset Management||13.73%||Increasing|
|Technology Metals||TMT||$11.8M||Chris Retzos||5.15%||Becoming|
|Paragon Care||PGC||$145.3M||Pioneer Pharma||16.07%||Increasing|
|Wellness & Beauty Solutions||WNB||$4.8M||Regal Funds Management||15.90%||Increasing|
|NTM Gold||NTM||$33.7M||Regal Funds Management||6.40%||Becoming|
|Silver City Minerals||SCI||$3.5M||Gavin Wates & Upsky Equity||7.72%||Increasing|
|SenSen Networks||SNS||$38.8M||JM Financial Group||6.20%||Becoming|
|Emperor Energy||EMP||$3.2M||Carl Dumbrell||7.15%||Increasing|
|JVG Global||JVG||Suspended||Kevin Leary||14.90%||Increasing|
|NTM Gold||NTM||$33.7M||Empire Resources||10.53%||Increasing|
|Australis Oil and Gas||ATS||$128.2M||Westoz Funds Management||6.26%||Increasing|
|HotCopper||HOT||$25.7M||ROI Capital & Marcus New||9.75%||Becoming|
|Wolf Minerals||WLF||Suspended||Synergy Investment||94.82%||Becoming|
|QMS Media||QMS||$420.6M||Sand Grove Capital Management||6.74%||Becoming|
|Zenith Energy||ZEN||$94.1M||Moelis Australia||7.41%||Increasing|
|Vmoto||VMT||$39.3M||Raymond And Susan Munro||7.80%||Increasing|
|MyFiziq||MYQ||$30.4M||The Rain Maker Mgmt||8.80%||Increasing|
|Amani Gold||ANL||$12.1M||Maosen Zhong||12.01%||Increasing|
|Auroch Minerals||AOU||$9.6M||MIMO Strategies||7.64%||Increasing|
|Swick Mining Services||SWK||$49.4M||Kent Swick||10.97%||Increasing|
|GWA Group||GWA||$810.3M||Ethical Partners Funds Management||7.41%||Increasing|
|National Tyre & Wheel||NTD||$44.2M||Spheria Asset Management||5.51%||Becoming|
|Barra Resources||BAR||$14.3M||FMR Investments||14.71%||Increasing|
|Eclipx Group||ECX||$542.4M||Yarra Funds Management||10.38%||Increasing|
|WiseWay Group||WWG||$21.1M||SG Hiscock and Company||5.06%||Becoming|
Harvest Lane Asset Management had a stake of 6.82 per cent in Azumah Resources (ASX:AZM) but sold out this week for just over $2m. The Africa-focused gold miner is being taken over by Ibaera Capital.
Milford Asset Management ceased to be substantial holders of mortgage broking group Australian Finance Group (ASX:AFG).
Fund managers that reduced their holdings while remaining substantial holders included Challenger in SeaLink Group (ASX:SLK), Perennial Value Management in baby retail chain Baby Bunting (ASX:BBN) and Regal Funds Management in QMS Media (ASX:QMS).
|Company||Code||Market Cap||Holder||Current Stake||Status|
|Antisense Therapeutics||ANP||$44.1M||Australian Ethical Investment||17.12%||Decreasing|
|Genetic Signatures||GSS||$116.1M||Asia Union Investments & Christopher Abbott||31.69%||Decreasing|
|Baby Bunting||BBN||$473.3M||Perennial Value Management||6.34%||Decreasing|
|Azumah Resources||AZM||$31.3M||Harvest Lane Asset Management||0.00%||Ceasing|
|Australian Finance Group||AFG||$590.7M||Milford Asset Management||0%||Ceasing|
|Novita Healthcare||NHL||$53.2M||Peter & Diana Diamond||6.16%||Decreasing|
|QMS Media||QMS||$420.6M||Regal Funds Management||6.23%||Decreasing|
|RPMGlobal Holdings||RUL||$192.2M||Perennial Value Management||10.48%||Decreasing|
|MNF Group||MNF||$368.3M||Naos Asset Management||12.01%||Decreasing|