Newly listed Terra Uranium has a new substantial shareholder

Newly listed Terra Uranium has a new substantial shareholder

Resources stocks in high demand during the past fortnight with several attracting new substantial shareholders

Rate sensitive sectors have lost substantial shareholders over the past fortnight

Trading Places is Stockhead’s semi-regular, pretty damn fascinating recap of the latest red flag buying and selling of ASX stocks. It is here that the rubber really hits the road for fund managers, stakeholders, distant (and not-so-distant) relatives and other famous or infamous investors.

Specifically, Trading Places tracks substantial shareholder movements – namely when a trade in a company’s stock crosses or falls below the 5% threshold.Substantial shareholders are usually directors, individual investors, institutional investors… or their distant (and not-so-distant) relatives, which they will refer to as listed related bodies corporate or something similar. You can see in detail these listed bodies on the company’s ASX announcement.Shareholders are required by basic human decency (and the law) to publicly declare via the exchange […]

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