Trading Places: The moves substantial holders were making this week
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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.
|McPherson's||MCP||$219.0M||Pie Funds Management||6.35%||Increasing|
|Spectrum Metals||SPX||$196.8M||Rameulis Resources||25.51%||Increasing|
|Antipa Minerals||AZY||$36.9M||Newcrest Mining||9.90%||Becoming|
|Alchemy Resources||ALY||$6.1M||Stephen Nordstrom||6.18%||Increasing|
|Audinate Group||AD8||$442.0M||Smallco Investment Manager||9.20%||Increasing|
|AHAlife||AHA||$2.0M||Bombora Investment Management||14.10%||Increasing|
|Aura Energy||AEE||$8.0M||Asean Deep Value Fund||19.49%||Increasing|
|IncentiaPay||INP||$14.4M||Suzerain Investment Holdings||69.99%||Increasing|
|Primero Group||PGX||$40.5M||Salvador Consulting||5.32%||Increasing|
|Ovato||OVT||$20.0M||Grieg & Harrison||5.13%||Becoming|
|Vulcan Energy Resources||VUL||$9.0M||Francis Wedin||20.16%||Increasing|
|Vulcan Energy Resources||VUL||$9.0M||Gavin Rezos||6.80%||Becoming|
|Australian Finance Group||AFG||$480.7M||Challenger||5.05%||Becoming|
|Murray River Organics||MRG||$24.3M||Regal Funds Management||19.78%||Becoming|
|Creso Pharma||CPH||$16.2M||L1 Capital Global Opportunities Fund||5.48%||Becoming|
|Karoon Energy||KAR||$436.9M||L1 Capital||5.65%||Becoming|
|BTC Health||BTC||$24.2M||Naos Asset Management||22.66%||Increasing|
|GTN||GTN||$156.2M||Perennial Value Management||10.00%||Increasing|
|EnviroSuite||EVS||$147.6M||Perennial Value Management||7.90%||Increasing|
|Murray River Organics||MRG||$24.3M||Thorney Opportunities||42.65%||Increasing|
|AHAlife||AHL||$2.0M||Early Force (Alex Waislitz||10.15%||Increasing|
|G8 Education||GEM||$572.9M||Allan Gray||5.82%||Becoming|
|Limeade||LME||$423.5M||Perennial Value Management||7.15%||Increasing|
|GTN||GTN||$146.2M||Perennial Value Management||11.20%||Increasing|
|Apollo Consolidated||AOP||$53.8M||1832 Asset Management||6.37%||Increasing|
|Zenith Energy||ZEN||$114.2M||Elemental Infrastructure||16.91%||Becoming|
|BlueChiip||BCT||$48.0M||One Funds Management||6.74%||Increasing|
|Wisr||WZR||$120.7M||Alceon Liquid Strategies||5.16%||Becoming|
|Altura Mining||AJM||$111.5M||Maxwell Terry Smith||12.04%||Increasing|
|Retail Food Group||RFG||$121.8M||Regal Funds Management||14.51%||Increasing|
|Duxton Broadacre Farms||DBF||$47.7M||Richard Magides||20.57%||Increasing|
|Zenith Energy||ZEN||$114.2M||Microequities Asset Management||8.66%||Increasing|
|Enero Group||EGG||$105.9M||Lumyna Investments||6.30%||Becoming|
The latter company, listed on the ASX but suspended for several months and at loggerheads with the bourse, last month bought a stake in the NSX seeking to develop a delivery versus payment (DvP) platform.
Last week Probanx, bought a 13 per cent stake in Australia’s secondary market. Probanx is a banking software company that was acquired by iSignthis back in September 2018 but continues to operate independently.
In the same week billionaire investor Alex Waislitz said he was continuing to look long-term, his company topped up its holdings in organic dried fruit maker Murray River Organics (ASX:MRG) to over 40 per cent as part of a $25m rescue package.
The deal took place last month but the deal was only implemented last Thursday, and the stock — having been suspended for several weeks while this was undertaken — fell 76 per cent accordingly.
Also buying into Murray River Organics was Regal Funds Management, which now owns 19.78 per cent. It also bought more of fast food franchisee Retail Food Group (ASX:RFG).
|Company||Code||Market Cap||Holder||Current Stake||Status|
|Academies Australasia||AKG||$491.M||Andrew Low||12.00%||Decreasing|
|Pact Group Holdings||PGH||$701.8M||Investors Mutual||10.15%||Decreasing|
|European Metals Holdings||EMH||$36.4M||Cadence Minerals||16.70%||Decreasing|
|Aura Energy||AEE||$6.4M||Asean Deep Value Fund||17.44%||Decreasing|
|Galileo Mining||GAL||$16.3M||David Bailey||0.00%||Ceasing|
|Gage Roads Brewing||GRB||$67.7M||Spheria Asset Management||6.50%||Decreasing|
|MG Unit Trust||MGC||$93.3M||Nordlys Investments||20.44%||Decreasing|
|Oklo Resources||OKU||$99.2M||1832 Asset Management||5.88%||Decreasing|
|Race Oncology||RAC||$38.8M||William James Garner||12.75%||Decreasing|
Spheria Asset Management reduced its stake in Gage Roads Brewing (ASX:GRB) to just 6.5 per cent.
A Race Oncology (ASX:RAC) director sold just over $1m in stock, reportedly to a strategic investor.