YAL 1.23% $6.60 yancoal australia limited

Only one 4.96% holder - Shandong, the other is just a duplicated...

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    Only one 4.96% holder - Shandong, the other is just a duplicated line. Shandong has been a holder for years, it looks like they've sold down 10% of their shares as well.

    Below is the 2019 annual statement.
    Since then:
    Yankuang - has not increased a single share.... zilch. but don't let that stop the conspiracy theories.
    Cinda - Sold off 28.3M shares, 2.15% (bit less than I thought, fairly sure all sold on market in Aus and HK, was tracked in past chats in HC)
    Glencore - Sold all 85M share, 6.4% through BarrenJoey and Aitken Mount to Institutional investors, rejecting Yankuang's bid.
    Shandong - Sold 6M shares ~ 0.45%. No idea where, didn't even know they had sold some.

    So, total major shareholders gone from 90% share ownership to 81% ownership.

    Retail and minority shareholders have doubled.
    https://hotcopper.com.au/data/attachments/5077/5077788-bd5ec8cad0fdbafdeb49030204f1c3c3.jpg

 
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