PEC 11.8% 1.9¢ perpetual resources limited

PEC and AZS common investors?

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    Does anyone know what type of investors are DELPHI UNTERNEHMENSBERATUNG AKTIENGESELLSCHAFT and DEUTSCHE BALATON AKTIENGESELLSCHAFT ?
    The above investors are both shareholders of AZS and PEC? Is this a good sign for PEC? Is this correct?

    TOP 20 SHAREHOLDERS OF AZS
    https://hotcopper.com.au/data/attachments/6163/6163272-b647a55e184e6cc744b17f9e3636a81c.jpg
    TOP 20 SHAREHOLDERS OF PEC

    https://hotcopper.com.au/data/attachments/6163/6163274-1ba4ad72ab4852ce6b5e44562db2e031.jpg
 
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