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.
Buyers
A couple of weeks ago we reported that Queensland-based gold junior Metal Bank (ASX:MBK) made gold hits close to one of Evolution Mining’s (ASX:EVN) richest mines.
Mining investor Russell Luxford bought around $1.3m worth of shares taking his stake in the company to nearly 10 per cent.
Paradigm Pharmaceuticals (ASX:PAR) CEO Christopher Fullerton bought another $300,000 worth of shares and now owns over 12 per cent.
Ireland-based health tech company Oneview Healthcare (ASX:ONE) saw Fidelity and Perennial Value Management increase their holdings, the pair own nearly 21 per cent between them.
Perennial also topped up its holdings in Victory Offices (ASX:VOL) and Latam Autos (ASX:LAA) in the last week.
Since it listed in June, PointsBet’s (ASX:PBH) share price has doubled. Regal Funds Management has acquired a 5.7 per cent stake.
It bought over $20m worth of shares in its most recent purchase as part of its capital raising. The company’s directors also participated.
| Company | Code | Market Cap | Holder | Stake | Status |
|---|---|---|---|---|---|
| AustChina Holdings | AUH | $9.3M | Treasure Wheel Global | 53.19% | Increasing |
| PointsBet Holdings | PBH | $564.8M | Regal Funds Management | 5.72% | Becoming |
| GTN | GTN | $163.3M | Perennial Value Management | 8.65% | Increasing |
| Latam Autos | LAA | $25.2M | Perennial Value Management | 13.50% | Increasing |
| Perpetual Resources | PEC | $9.8M | Regal Funds Management | 13.79% | Increasing |
| Olivers' Real Foods | OLI | $9.0M | Gelba | 5.20% | Becoming |
| Adslot | ADJ | $38.1M | Peter & Diana Diamond | 9.82% | Increasing |
| Universal Coal | UNV | $130.6M | TCIG Resources | 20.00% | Becoming |
| Aus Tin Mining | ANW | $5.0M | Karl Hamann and Lisa Hamann | 8.31% | Increasing |
| Taruga Minerals | TAR | $2.7M | Talltree Holdings | 7.07% | Becoming |
| Monash IVF | MVF | $255.8M | Allan Gray Australia | 7.71% | Increasing |
| Prime Media Group | PRT | $71.4M | WA Chess Investments | 10.26% | Becoming |
| Peak Resources | PEK | $54.8M | International Finance Corporation | 7.27% | Becoming |
| Sudance Energy | SEA | $113.5M | Tiga Trading | 10.74% | Increasing |
| Paradigm Biopharmaceuticals | PAR | $579.5M | Paul Rennie | 12.14% | Increasing |
| Aura Energy | AEE | $6.6M | Asean Deep Value Fund | 17.31% | Increasing |
| Oneview Healthcare | ONE | $29.7M | Perennial Value Management | 12.67% | Increasing |
| Speedcast | SDA | $218.2M | Northern Trust Company | 5.26% | Becoming |
| Liquidifed Natural Gas | LNG | $115.3M | The Baupost Group | 9.84% | Increasing |
| OFX | OFX | $332.7M | Renaissance Smaller Companies | 10.31% | Increasing |
| Oneview Healthcare | ONE | $29.7M | Fidelity | 7.94% | Increasing |
| Collaborate Corporation | CL8 | $18.4M | SG Fleet | 13.70% | Becoming |
| Blackstone Minerals | BSX | $22.1M | Delphi | 16.10% | Increasing |
| Australian Agricultural Projects | AAP | $2.0M | Bliss on Banksia Hairdressing | 10.24% | Increasing |
| Victory Offices | VOL | $94.9M | Perennial Value Management | 11.38% | Increasing |
| Latam Autos | LAA | $25.2M | Perennial Value Management | 14.86% | Increasing |
| Paringa Resources | PNL | $31.7M | Tribeca Investment Partners | 8.01% | Increasing |
| Breaker Resources | BRB | $71.7M | Electrum Strategic Oppportunities Fund | 9.95% | Becoming |
| Kingston Resources | KSN | $247.2M | Winchester Investments Group | 13.02% | Increasing |
| Metal Bank | MBK | $9.7M | Russell Luxford | 9.99% | Becoming |
| AppsVillage | APV | $27.0M | PAC Capital | 8.89% | Increasing |
| OFX | OFX | $338.1M | Health Employees Super Trust | 5.78% | Becoming |
| Infomedia | IFM | $639.9M | Pendal Group | 5.05% | Becoming |
| GTN | GTN | $168.9M | Health Employees Super Trust | 6.10% | Increasing |
| Palla Pharma | PAL | $103.9M | Thorney Opportunities | 18.65% | Increasing |
| OFX | OFX | $332.7M | Ellerston Capital | 6.55% | Becoming |
| Base Resources | BSE | $271.8M | Fidelity | 8.50% | Increasing |
| Memphasys | Peters Investments | 27.93% | Increasing |
Sellers
Australian Ethical Investment sold down its holdings in biotech Antisense Therapeutics (ASX:ANP) and dental stock Pacific Smiles Group (ASX:PSQ).
Challenger did likewise with online retailer Kogan (ASX:KGN) despite the company having a stellar run recently. Since late June it is up over 60 per cent.
Celeste Funds Management ceased to be a substantial holder of Monash IVF (ASX:MVF). The company ran into some strife in August when five referral partners quit.
Last week it spelt out the financial impact of that and Celeste cut its stake to 3.4 per cent.
| Company | Code | Market Cap | Holder | Current Stake | Status |
|---|---|---|---|---|---|
| Freehill Mining | FHS | $9.8M | Pinnacle Equities | 0% | Ceasing |
| QMS Media | QMS | $422.3M | Regal Funds Management | 2.33% | Ceasing |
| Integral Diagnostics | IDX | $690.6M | Perennial Value Management | 9.30% | Decreasing |
| MSL Solutions | MPW | $24.1M | Fidelity | 4.40% | Ceasing |
| Pacific Smiles Group | PSQ | $269.0M | Australian Ethical Investment | 3.13% | Ceasing |
| Antisense Therapeutics | ANP | $42.4M | Australian Ethical Investment | 16.04% | Decreasing |
| Otherlevels Holdings | OLV | $2.3M | Silica Investments & Richard Hannebery | 3.90% | Ceasing |
| Deletca | DLC | $4.2M | B Moore & T Endicott | 6.90% | Decreasing |
| Monash IVF | MVF | $257.0M | Celeste Funds Management | 3.40% | Ceasing |
| Metro Performance Glass | MPP | $57.5M | Schroder Investment Management | 7.38% | Decreasing |
| Ardent Leisure | ALG | $556.5M | Viburnum Funds | 5.25% | Decreasing |
| Kogan.com | KGN | $666.2M | Challenger | 6.65% | Decreasing |
