Eagers Automotive Limited’s (ASX:APE) stock price dropped 6.2% last week; individual investors would not be happy
Key Insights
- Significant control over Eagers Automotive by individual investors implies that the general public has more power to influence management and governance-related decisions
- The top 10 shareholders own 51% of the company
- Insiders have been buying lately
A look at the shareholders of Eagers Automotive Limited (ASX:APE) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 42% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As market cap fell to AU$7.1b…
