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If you want to know who really controls West African Resources Limited (ASX:WAF), then you'll have to look at the makeup of its share registry. With 54% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors....
>>> Read more: West African Resources Limited (ASX:WAF) is favoured by institutional owners who hold 54% of the company
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors....
>>> Read more: West African Resources Limited (ASX:WAF) is favoured by institutional owners who hold 54% of the company
