George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I thought the likes of vela were tied in for 6 months, obviously untrue ?
A junior with cash, serious backing and excellent core results going forward.
A very rare bird indeed, re-rate coming.
Appreciated fingers thanks.
Fingers, the positions you have listed - have you any idea of what they paid for their holdings?
Trade 47 today - 40,000 @ 18.5p ..This is just my thoughts and guessing but if that is the buyer from earlier it underpins it again.
The rounded figures suggest the buyer could've accumulated approx 180,000 today.
You'll get these types of shake on the way up because they don't want to up the sell price, just let it do it's thing .
Good luck all, i'll wait for holdings or Director rns which should see a good spike and any could be due.
There's definite interest and it moves as if not much stock around, pre covid it was in the 20's so there's every reason and more for it to go back there, nobody should have any interest in selling because they're in higher and there's someone wanting 29%.
What really would make it rattle now is if any Director increased their holding which would virtually tell the interested party ...'this is where i am'
And they want this..
Krupa Global Investments a.s., Ceské Lithium a.s. (Czech Lithium) and partners (“KGI”) is launching voluntary tender offer (‘‘VTO‘‘) for up to 29.9% of issued share capital with voting rights of European Metals Holdings Limited (“EMH”)
KGI is currently holding 1.910.000 shares of EMH, more than 1% of issued capital.
KGI has been shareholder and local supporter of EMH and their lithium mining project in Cinovec for almost 3 years now. KGI has been advocating importance of the success of this project on a European scale where most of the automotive and manufacturing industry is oriented. Timely and precise execution in Cinovec is inevitable to have competitive advantage against bigger and better capitalized mining companies from US, EU and Asia. Cinovec which has great location in the middle of Europe holds roughly 3% of global lithium deposits. In our view, lithium is considered as one of the key natural resources for the future of e-mobility (EV) and electricity storage transformation in the world.
Found this...so now we know...
KGI is an active shareholder of EMH for years. KGI was the first shareholder to propose cooperation with CEZ as strategically important for speedy and successful development of this project. CEZ as a leading energy company in CEE region, based in Czech Republic, has all the necessary instruments, capital and expertise to become relevant partner for EMH. Based on KGI´s local experience and knowledge, CEZ’s investment was the only logical step to move forward with Cinovec project and get all the necessary approvals and capital to lead this project to successful mining process within couple of years. KGI welcomes definitive agreement with CEZ to fund Cinovec project up to DFS (definitive feasibility study) and to become 51% owner of GEOMET s.r.o., direct subsidiary of EMH. Upon successful VTO, KGI has intention to become significant long-term investor in EMH (Cinovec Project as whole).
KGI as a Czech Investor would like to increase its stake and add value to Cinovec project via our local knowledge and know-how. KGI would act as strong partner.
Due to the low market liquidity at London Stock Exchange (AIM) where EMH is listed, KGI decided to launch VTO for outstanding shares of EMH. Average daily trading volume in London at EMH is approximately 200.000 shares which is too small to increase KGI´s position significantly via market.
Krupa know where the majority of shares are so made a derisory offer.
Silly really because we now know they're interested in more but have been told to go to market, so the question is...how many do they want?
Don't give them then.
They could also be trying to acquire them for a much bigger player that doesn't want to show their hand.
That'll do for me now, it's a good speculative hold while there is interest from at least one party, it will fly if another joins in.
Good luck to all.
Insider Ownership Of European Metals Holdings
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
We can see that insiders own shares in European Metals Holdings Limited. As individuals, the insiders collectively own AU$1.8m worth of the AU$28m company. It is good to see some investment by insiders,
Private Company Ownership
Our data indicates that Private Companies hold 8.6%, of the company’s shares. It’s hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
Public Company Ownership
It appears to us that public companies own 17% of EMH. It’s hard to say for sure, but this suggests they have entwined business interests. This might be a strategic stake, so it’s worth watching this space for changes in ownership.
General Public Ownership
The general public, who are mostly retail investors, collectively hold 63% of European Metals Holdings shares. With this size of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to decline an acquisition or merger that may not improve profitability.
Hedge funds don’t have many shares in European Metals Holdings. Cadence Minerals Plc is currently the company’s largest shareholder with 17% of shares outstanding. With 8.6% and 5.6% of the shares outstanding respectively, Armco Barriers Pty Ltd and Inswinger Holdings Pty Ltd, Asset Management Arm are the second and third largest shareholders.
On studying our ownership data, we found that 11 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
Researching institutional ownership is a good way to gauge and filter a stock’s expected performance. The same can be achieved by studying analyst sentiments. As far I can tell there isn’t analyst coverage of the company, so it is probably flying under the radar.
What Does The Institutional Ownership Tell Us About European Metals Holdings?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
European Metals Holdings already has institutions on the share registry. Indeed, they own 5.6% of the company. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see European Metals Holdings’s historic earnings and revenue, below, but keep in mind there’s always more to the story.
What Kind Of Shareholder Owns Most European Metals Holdings Limited (ASX:EMH) Stock?
The big shareholder groups in European Metals Holdings Limited (ASX:EMH) have power over the company. Institutions often own shares in more established companies, while it’s not unusual to see insiders own a fair bit of smaller companies. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented.
With a market capitalization of AU$28m, European Metals Holdings is a small cap stock, so it might not be well known by many institutional investors. In the chart below, we can see that institutions are noticeable on the share registry. Let’s take a closer look to see what the different types of shareholder can tell us about European Metals Holdings.
Just found it...I was being lazy.