Ann: Top 20 securityholders, page-2

What a statement of conviction from CMD’s biggest believers.

The latest Top 20 holders list (as of April 23) reveals a powerful trend — strong hands are not only holding but doubling down.

• Peter Koller, CMD’s largest shareholder, increased his stake by 3.7M shares, now holding over 6.31% of the company. That’s not just support — that’s backing the truck up.
• John Hills has surged from #6 to #2, with a staggering 15.8M share increase in just under three weeks. That’s no small vote of confidence.
• Dennis Lowe remains rock solid, with positions in both his personal and super fund accounts — a serious long-term backer with skin in the game.
• New money? Not really. Most names are familiar loyalists, and some, like Lenpark Pty Ltd, have grown their holdings significantly — from 12M to over 20M shares.

And it’s not just individual names. The Top 20 now hold 350.8M shares, or 51.78% of the total issued capital — up from 48.32% earlier this month. That’s an extra 40M shares soaked up by those who know CMD best.

In a sector where volatility is the norm, this kind of institutional and high-net-worth backing signals something more: patience, belief, and confidence in what’s coming next — especially with the ongoing Ghana litigation and underlying resource value on the radar.

For retail holders sitting on the sidelines or losing steam — take a look at what the smartest money is doing. The message is clear:

They’re not just holding. They’re loading.