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To get a sense of who is truly in control of Reece Limited (ASX:REH), it is important to understand the ownership structure of the business. We can see that private companies own the lion's share in the company with 56% ownership. 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, private companies collectively scored the highest last week as the company hit AU$11b market cap following a 5.0% gain in the stock.
Let's take a ...
>>> Read more: Private companies in Reece Limited (ASX:REH) are its biggest bettors, and their bets paid off as stock gained 5.0% last week
As a result, private companies collectively scored the highest last week as the company hit AU$11b market cap following a 5.0% gain in the stock.
Let's take a ...
>>> Read more: Private companies in Reece Limited (ASX:REH) are its biggest bettors, and their bets paid off as stock gained 5.0% last week
