Yes - agree it's generally a positive to have shareholder management. (Maybe I'd exclude Crown from this!)
In the case of TGP, I would like this ownership to be a bit more 'diffused' across the rest of the board and the KMP.
(Based on Nabtrade and ASX annct all own <200K of shares each.... prefer this was a bit more substantial given the long standing tenure of both, probably <5% of total net worth for each).
It would be an interesting bit of data analysis to do the numbers on shareholder mgmt vs. non-shareholder mgmt TSR (total shareholder return over time). I expect this is easy to screen for using Bloomberg / Reuters or similar and filter the universe based on companies with >10% of shares held by board and execs (or similar).
Other idea I've had in amind the current gung-ho explosion of ETFs (Lithium Etf sustainability etf, battery, cybersecurity etc etc....) why no an 'INSIDER ETF' - a portfolio of small-mid cap companies with insider shareholders >10%.
Charge a low mgmt fee 0.40%, make it global, sector agnostic.... what the heck, exclude materials, gambling, tobacco etc to appeal to a broader audience... and make it the GSIN ETF (global sustainability insider) ETF. A few names to start with HSN / BLX / PMV / TGP / MFG / FLT / UNI (maybe only 7% holding for UNI - but I'm biased)....
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Yes - agree it's generally a positive to have shareholder...
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Last
64.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $125.9M |
Open | High | Low | Value | Volume |
64.0¢ | 64.0¢ | 64.0¢ | $22 | 34 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38742 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 44936 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 38742 | 0.630 |
2 | 51025 | 0.625 |
2 | 25065 | 0.620 |
1 | 18650 | 0.615 |
1 | 15000 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 44936 | 1 |
0.645 | 1000 | 1 |
0.650 | 17569 | 1 |
0.655 | 13940 | 1 |
0.660 | 81203 | 3 |
Last trade - 09.59am 28/07/2025 (20 minute delay) ? |
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TGP (ASX) Chart |