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A look at the shareholders of Myer Holdings Limited (ASX:MYR) can tell us which group is most powerful. The group holding the most number of shares in the company, around 55% to be precise, is individual investors. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
As a result, individual investors collectively scored the highest last week as the company hit AU$669m market cap following a 17% gain in the stock.
Let's take a closer look t...
>>> Read more: Individual investors are Myer Holdings Limited's (ASX:MYR) biggest owners and were rewarded after market cap rose by AU$99m last week
As a result, individual investors collectively scored the highest last week as the company hit AU$669m market cap following a 17% gain in the stock.
Let's take a closer look t...
>>> Read more: Individual investors are Myer Holdings Limited's (ASX:MYR) biggest owners and were rewarded after market cap rose by AU$99m last week
