The following says management hold 15%(https://www.weare121.com/121mininginvestment-new-york/stonehorse-energy/)The annual report says Gardner holds 54,103,750 shares with the directors owning a combined 56,368,958. With 684,460,287 SOI, the directors would have 8.23% not 15%. Why is it saying 15%, not 8%? Well, it seems like the 54m in the annual report is not including all the directors entities - possibly only Word Trend of circa 14m and Fastwitch of 39.5m? Is Watch Hill Holdings not related to Gardner? Is Wingstar not meant to be in the T20 and why is World Trend listed twice? I believe the first World Trend is supposed to be Wingstar? If so, why has it not been amended after all this time?
Lets hope the above is fixed. In the meantime, I thought it would be helpful to have context on the other holders in the list. The only one I'm really aware of is Norfolk Blue which I believe is owned by Chris Rovira? His family have made many people extremely rich on the ASX with the companies they've been a part of. Chris is young and seems to have a lot of experience in the sector.
How about the other large holders though? Can anyone remind us who Roca Investment's are? Are any of the other T20 holders on here and if so, what are your thoughts on the management team and how the company is tracking? How much longer are you going to wait until you see a return on your investment?
Errors in the 2024 Annual Report? Let's make the T20 list accurate and transparent
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