chart update, page-83

Further to interested onlookers comments. This article from approx 3 months ago.

Simply Wall St News
What Kind Of Shareholders Own St George Mining Limited (ASX:SGQ)
If you want to know who really controls St George Mining Limited (ASX:SGQ), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.’ With a market capitalization of AU$36m, St George Mining is a small cap stock, so it might not be well known by many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have not yet purchased much of the company. Let’s take a closer look to see what the different types of shareholder can tell us about SGQ. Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Less than 5% of St George Mining is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it. If the company is growing earnings, that may indicate that it is just beginning to catch the attention of these deep-pocketed investors. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. Hedge funds don’t have many shares in St George Mining. Our information suggests that there isn’t any analyst coverage of the stock, so it is probably little known. Insider Ownership Of St George Mining while the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of St George Mining Limited. Insiders own AU$6.4m worth of shares in the AU$36m company. This may suggest that the founders still own a lot of shares. General Public Ownership. The general public, mostly retail investors, hold a substantial 73% stake in SGQ, suggesting it is a fairly popular stock. This size of ownership gives retail investors collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. Private Company Ownership. It seems that Private Companies own 3.8%, of the SGQ stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Cheers, E