RE: Ord Minnett Views Deal As Good Result For Both Newmont & Greatland30 Sep 2024 15:03
“As of September 2024, Greatland Gold (GGP) has a shareholder structure primarily composed of retail investors and institutional shareholders. Retail investors represent the largest group, holding around 51% of the company’s shares, while institutions own about 39%. Additionally, insiders, including company executives and directors, control around 12% of the stock. This distribution indicates a significant amount of public ownership, with a notable level of institutional investment, which reflects confidence from larger financial players in the company’s prospects.”
Wyloo aren’t in control, they hold 8%. If NM choose to sell all their holding to Wyloo 2-3years down the line, they will hold 28.8%…