Latest news with #MagneticResources
Herald Sun
7 hours ago
- Business
- Herald Sun
Break it Down: Magnetic Resources
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Stockhead's Break it Down brings you today's leading market news in under 90 seconds. In this episode, Tylah Tully takes a look at Magnetic Resources (ASX:MAU) and its raising of $35 million in a strategic placement to to take its Lady Julie gold project to production in the Laverton goldfields. Watch the video to learn what the funds will be used for. While Magnetic Resources is a Stockhead advertiser, it did not sponsor this content. Originally published as Break it Down: Magnetic secures $35M to drive Laverton gold largesse
News.com.au
11 hours ago
- Business
- News.com.au
Break it Down: Magnetic secures $35M to drive Laverton gold largesse
Magnetic Resources has taken in a $35 million backing for a strategic placement to drive its Lady Julie gold project into production.
Yahoo
29-06-2025
- Business
- Yahoo
With 41% ownership, Magnetic Resources NL (ASX:MAU) insiders have a lot riding on the company's future
Magnetic Resources' significant insider ownership suggests inherent interests in company's expansion A total of 7 investors have a majority stake in the company with 53% ownership Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To get a sense of who is truly in control of Magnetic Resources NL (ASX:MAU), it is important to understand the ownership structure of the business. We can see that individual insiders own the lion's share in the company with 41% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). So, insiders of Magnetic Resources have a lot at stake and every decision they make on the company's future is important to them from a financial point of view. In the chart below, we zoom in on the different ownership groups of Magnetic Resources. View our latest analysis for Magnetic Resources We don't tend to see institutional investors holding stock of companies that are very risky, thinly traded, or very small. Though we do sometimes see large companies without institutions on the register, it's not particularly common. There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to funds under management, so the institution does not bother to look closely at the company. On the other hand, it's always possible that professional investors are avoiding a company because they don't think it's the best place for their money. Magnetic Resources' earnings and revenue track record (below) may not be compelling to institutional investors -- or they simply might not have looked at the business closely. Hedge funds don't have many shares in Magnetic Resources. Chimseng Oan is currently the largest shareholder, with 13% of shares outstanding. In comparison, the second and third largest shareholders hold about 11% and 11% of the stock. Additionally, the company's CEO George Sakalidis directly holds 3.0% of the total shares outstanding. We did some more digging and found that 7 of the top shareholders account for roughly 53% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There is some analyst coverage of the stock, but it could still become more well known, with time. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our information suggests that insiders maintain a significant holding in Magnetic Resources NL. Insiders have a AU$167m stake in this AU$405m business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently. With a 31% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Magnetic Resources. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that Private Companies own 27%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. It's always worth thinking about the different groups who own shares in a company. But to understand Magnetic Resources better, we need to consider many other factors. To that end, you should be aware of the 2 warning signs we've spotted with Magnetic Resources . If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
