Published on 25 Nov 2023 on Simply Wall St. via Yahoo Finance
With 33% stake, Mandalay Resources Corporation (TSE:MND) seems to have captured institutional...
Key Insights
Institutions' substantial holdings in Mandalay Resources implies that they have significant influence over the company's share priceA total of 3 investors have a majority stake in the company with 62% ownershipUsing data from company's past performance alongside ownership research, one can better assess the future performance of a company
If you want to know who really controls Mandalay Resources Corporation (TSE:MND), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 33% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.