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

As we reported on Monday, Tim Goyder put another $520,000 into one of his mining companiesDevEx Resources (ASX:DEV). You’d probably know him better for Liontown Resources (ASX:LTR) and Strike Energy (ASX:STX).

DevEx is a New South Wales-focused gold and copper explorer drilling in the same neighbourhood as New York-listed miner Newmont (NYSE:NEM). Goyder now owns 21.7 per cent of DevEx.

Retail tech play Onemarket (ASX:OMN), which was spun out of Westfield, told shareholders it was seeking to delist. But that did not stop Sydney-based investment trust Nordlys Investments buying a 7.3 per cent stake in the company.

Alex Waislitz’ Thorney Technologies bought stocks in Prime Media Group (ASX:PRT) and Jayride Group (ASX:JAY).

Money manager Viburnum Funds topped up its holdings in Ashley Services Group (ASX:ASH) and Integral Diagnostics (ASX:IDX).

AustralianSuper did likewise with Orecorp (ASX:ORR) and Paringa Resources (ASX:PNL).

The company once known as a battery explorer called Hylea Metals is now a uranium explorer called Lotus Metals (ASX:LOT). News that it was forking out $10m on a Malawi mine sent it surging in June.

Existing shareholder Copia Investment Partners bought more of the stock and now owns 6.99 per cent.

Company Code Market Cap Holder Stake Status
Eclipx Group ECX $530.6M Yarra Funds Management 11.35% Increasing
Damstra Holdings DTC $147.1M PErennial Value Management 5.16% Becoming
AusQuest AQD $9.5M Chrysalis Investments 23.05% Increasing
Yellow Brick Road YBR $21.8M Magnetar Financial 12.33% Becoming
Devex Resources DEV $15.8M Timothy Goyder 21.71% Increasing
Altech Chemicals ATC $85.3M Melewar Equities 9.12% Increasing
Onemarket OMN $96.7M Nordlys Investments 7.30% Becoming
Orecorp ORR $104.2M AustralianSuper 9.99% Increasing
Paringa Resources PNL $28.6M AustralianSuper 14.77% Increasing
Western Areas WSA $776.9M Vinva Investment Management 5.00% Becoming
Jayride Group JAY $27.1M Thorney Technologies 5.26% Becoming
Exore Resources ERX $39.7M Bank of Nova Scotia 9.01% Increasing
Cellmid CDY $23.2M Dennis Eck 8.47% Increasing
Ashley Services Group ASH $55.4M Viburnum Funds 8.41% Increasing
Jayride Group JAY $17.7M Yifat Shibren 12.34% Increasing
Jayride Group JAY $17.7M Andrey Shirben 12.34% Increasing
Lotus Resources LOT $16.3M Copia Investment Partners 6.99% Increasing
GTN GTN $167.8M Spheria Asset Management 5.33% Becoming
Vortiv VOR $21.7M Ilewa/Quentin Flannery 8.15% Increasing
Prime Media Group PRT $73.3M Thorney Technologies 13.89% Increasing
Thomson Resources TMZ $3.9M Bacchus Resources 13.27% Becoming
Thomson Resources TMZ $3.9M Australian Mineral & Waterwell Drilling 13.30% Increasing
Lindian Resources LIN $10.7M KAbunga Family 14.27% Increasing
Altura Mining AJM $146.2M Alan Buckler 14.52% Increasing
CardieX CDX $20.8M C2Ventures 22.17% Increasing
Raiden Resources RDN $3.0M Faldi Ismail 5.45% Becoming
Orion Minerals ORN $72.3M United Super 5.61% Becoming
Integral Diagnostics IDX $663.4M Viburnum Funds 9.68% Increasing
Australian Finance Group AFG $538.9M Milford Asset Management 5.86% Becoming
Calidus Resources CAI $49.4M Eleanor Jean Reeves 7.36% Becoming
Auris Minerals AUR $5.7M Goldfire Enterprises 8.84% Increasing
Eureka Group Holdings EGH $78.2M Naos Asset Management 14.94% Increasing
STEMify SF1 $4.1M Parry Capital Management 9.22% Increasing
Diatreme Resources DRX $18.3M Illewa 13.66% Becoming
Pylogica PYC $173.6M David Sietsma 9.97% Increasing
Retail Food Group RFG $16.1M Invesco 19.90% Increasing

 

Sellers

Regal Funds Management cut its stake in know-your-customer fintech Kyckr (ASX:KYK) to 4.74 per cent.

Spheria Asset Management reduced its holdings in City Chic Collective (ASX:CCX), a plus size retailer which rose from 11c to $2.76 yesterday.

Spheria still holds 8.72 per cent but in the last few months has sold a parcel of shares worth $5m now which would have been worth only $200,000 just two years ago.

Another stock that has gone viral is burn treating stock Avita Medical (ASX:AVH). Hong Kong-based investor Karst Peak Capital cut its stake to 7.06 per cent. It sold a package worth over $4m that at the start of the year was worth little over $500,000.

Company Code Market Cap Holder Current Stake Status
Acrow Formwork and Construction ACF $56.6M Perennial Value Management 13.84% Decreasing
Atomos AMS $309.3M Perennial Value Management 7.88% Decreasing
Enero Group EGG $157.1M Forager Funds Management 7.49% Decreasing
Eureka Group Holdings EGH $78.2M Salt Funds Management 6.13% Decreasing
BluGlass BLG $52.4M SPP Technologies 10.26% Decreasing
Kyckr KYK $25.2M Regal Funds Management 4.74% Ceasing
Avita Medical AVH $1.2B Karst Peak Capital 7.06% Decreasing
OptiComm OPC $405.9M Paul Cross 8.92% Decreasing
City Chic Collective CCX $557.4M Spheria Asset Management 8.72% Decreasing
FBR FBR $89.6M Fidelity 7.99% Decreasing

Read More: The Explorers: Tim Goyder and the secret behind his magical small cap ‘four-peat’