In this week’s recap of substantial holders, James Baillieu has bought into Candy Club (ASX: CLB), WiseTech’s Michael Gregg bought into Oliver’s Real Foods (ASX: OLI) and Delphi bought a 14.6 per cent stake in Variscan Mines (ASX: VAR).
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
While most of 2019’s IPOs have performed well, ‘sweets as a service’ firm Candy Club (ASX: CLB) has been one of the few exemptions, falling over 70 per cent since its IPO.
But James Baillieu has taken a $174,000 punt and became a substantial holder – holding 5.67 per cent. Also buying was director Chi Kan Tang who took his stake to 18.38 per cent and he forked out $565,000.
As we mentioned last Friday, Oliver’s Real Foods (ASX: OLI) welcomed WiseTech executive and investor Michael Gregg. He bought $704,000 in stock for a 6.82 per cent stake.
German institutional investor Delphi bought a 14.6 per cent stake in Variscan Mines (ASX: VAR) and increased its stake in TNG (ASX: TNG) to 12.28 per cent. The former is closer to Delphi than you may think. It just bought advanced zinc projects in Spain.
PointsBet (ASX: PBH) welcomed its new business partner Penn Interactive as a 5.57 per cent shareholder. The latter will help the former roll out gaming operations into five US states.
Among fund managers, Ethical Partners Funds Management bought a 7.77 per cent stake in Nick Scali (ASX: NCK) and Spheria Asset Management took its stake in GBST Holdings (ASX: GBT) to 17.99 per cent. The latter bought $5.3 million this week.
Naos Asset Management now has a 19.65 per cent stake in BTC Health (ASX: BTC) and Westoz Funds Management increased its stake in Zenith Energy (ASX: ZEN) to nearly 9 per cent.
Microequities Asset Management bought $870,000 in UCW (ASX: UCW) stock and now holds a 5.25 per cent stake. After a record quarterly, Redbubble (ASX: RBL) saw Challenger take a 5.11 per cent stake.
Alex Waislitz’ Tiga Trading bought a 6.35 per cent stake in Sundance Energy (ASX: SEA). In the company’s own words it overachieved last quarter, selling over a million barrels of oil equivalent.
Company | Code | Market Cap | Holder | Stake | Status |
---|---|---|---|---|---|
HRL Holdings | HRL | $56.7M | Viburnum Finds | 21.87% | Increasing |
Reffind | RFN | $1.8M | First State Super | 5.66% | Becoming |
Alliance Mineral Assets | A40 | $121.1M | Weier Antriebe | 9.06% | Increasing |
Vimy Resources | VMY | $39.1M | Acorn Capital | 5.17% | Decreasing |
Yellow Brick Road | YBR | $20.8M | Mercantile Investment Comnapy | 21.43% | Increasing |
Comet Resources | CRL | $8.3M | Alberta Resources | 10.01% | Increasing |
GTI Resources | GTI | $3.4M | Jason Peterson | 11.61% | Increasing |
GBST Holdings | GBT | $264.2M | Spheria Asset Management | 17.99% | Increasing |
Oro Verde | OVL | $14.1M | JGM Property Investments | 7.55% | Increasing |
A2B Australia | A2B | $208.4M | Edgbaston Investment Partners | 8.27% | Increasing |
Oliver's Real Foods | OLI | $10.3M | Michael Gregg | 6.82% | Becoming |
TNG | TNG | $110.2M | Delphi | 12.28% | Increasing |
Spectrum Metals | SPX | $101.2M | Chalice Gold Mines | 5.21% | Becoming |
MCS Services | MSG | $4.3M | Capital H Management | 8.53% | Becoming |
JCurve | JCS | $11.5M | Phillip Ewart | 9.48% | Increasing |
Nick Scali | NCK | $498.2M | Ethical Partners Funds Management | 7.77% | Becoming |
UCW | UCW | $20.0M | Microequities Asset Management | 5.25% | Becoming |
Zenith Energy | ZEN | $85.4M | Westoz Funds Management | 8.91% | Increasing |
Redbubble | RBL | $356.1M | Challenger | 5.11% | Becoming |
GBST Holdings | GBT | $263.5M | Pinnacle Investment Management | 5.00% | Becoming |
Northern Minerals | NTU | $151.6M | Liu Xiaohua | 5.00% | Becoming |
Aeris Environmental | AEI | $62.5M | Link Enterprises | 6.97% | Increasing |
Venus Metals Corporation | VMC | $26.0M | Christopher Wallin | 5.03% | Becoming |
Consolidated Zinc | CZL | $13.0M | Copulos Group | 29.51% | Increasing |
Registry Direct | RD1 | $1.5M | Donald McLay | 27.89% | Increasing |
Registry Direct | RD1 | $1.5M | Ian Roe | 41.59% | Increasing |
Temple & Webster | TPW | $188.0M | Ice Investors | 7.57% | Increasing |
Orcoda | ODA | $18.4M | Pronk Holdings | 12.30% | Becoming |
Conico | CNJ | $3.5M | Gregory Solomon | 7.07% | Increasing |
Conico | CNJ | $3.5M | Douglas Solomon | 6.56% | Increasing |
Genesis Minerals | GMD | $41.4M | Alkane Resources | 5.82% | Becoming |
BTC Health | BTC | $24.3M | Naos Asset Management | 19.65% | Increasing |
Australian Pacific Coal | AQC | $19.2M | Buguo Wang | 7.69% | Increasing |
PointsBet | PBH | $360.3M | Penn Interactive Ventures | 5.57% | Becoming |
Sudance Energy | SUD | $120.3M | Tiga Trading | 6.35% | Becoming |
Variscan Mines | VAR | $2.5M | Delphi | 14.60% | Becoming |
Boom Logistics | BOL | $68.1M | Greig and Harrison | 7.70% | Increasing |
Vimy Resources | VMY | $39.1M | Forrest Family Investments | 12.71% | Increasing |
Kingwest Resources | KWR | $13.5M | Bank of Nova Scotia | 7.29% | Becoming |
Candy Club Holdings | CLB | $8.9M | Chi Kan Tang | 18.38% | Increasing |
Candy Club Holdings | CLB | $8.9M | James Baillieu | 5.67% | Becoming |
Admedus | AHZ | Suspended | Star Bright Group | 22.62% | Increasing |
Agency Group | AU1 | $7.9M | Magnolia Equities | 7.65% | Becoming |
Sellers
Among this weeks sellers, CBC sold out of Carawine Resources (ASX: CWX). The gold miner was spun off from Sheffield Resources (ASX: SFR) two years ago.
Another sell-out occurred in Hammer Metals (ASX: HMX) with Resource Capital selling all its shares – nearly $500,000.
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IOOF decreased its stake in Imdex (ASX: IMD) to 5.3 per cent while Perpetual ceased to be substantial holders of McGrath (ASX: MEA).
This came despite predictions this coming spring could be when the euphoria of Scott Morrison’s election among property investors translates from feelings to action.
Company | Code | Market Cap | Holder | Current Stake | Status |
---|---|---|---|---|---|
Invigor Group | IVO | $8.6M | Yun Cong Ye & Min Hua Huang | 0% | Ceasing |
GBST Holdings | GBT | $264.2M | Microequities Asset Management | 3.07% | Ceasing |
VRX Silica | VRX | $54.6M | Goldfire Enterprises | 4.95% | Ceasing |
Hammer Metals | HMX | $9.3M | Resource Capital Fund | 0% | Ceasing |
GBST Holdings | GBT | $264.2M | Burgundy Asset Management | 6.94% | Decreasing |
Cirralto | CRO | $8.6M | Propex Derivatives | 4.79% | Ceasing |
XPlore Wealth | XPL | $28.8M | Argo Investments | 4.25% | Ceasing |
Imdex | IMD | $492.5M | IOOF | 5.30% | Decreasing |
TV2U | TV2 | $18.0M | Lind Asset Management | 8.03% | Decreasing |
McGrath | MEA | $33.6M | Perpetual | 4.81% | Ceasing |
Peet | PPC | $541.3M | Eley Griffiths | 4.87% | Ceasing |
Venturex Resources | VXR | $51.8M | Regent Pacific | 12.59% | Decreasing |
Carawine Resources | CWX | $8.4M | CVC | 0% | Ceasing |