Hot tip. Don’t romanticise the large shareholders. As a regular retail investor they aren’t your friend. Everyone has an angle and theirs are the largest. Sure your interests might often align, but don’t think they’re always the same.
If large holders get “chased away” by sceptical retail following a string of confusing or questionable announcements, well that might be a good thing.
It’s funny really - you see “instos” get demonised a lot but as soon as a large shareholder shows up they get GA points for days.
Ann: Investor Update - Company Update on Granting of Mining Right, page-4
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