TOP MATERIAL Co., Ltd’s (KOSDAQ:360070) stock price dropped 12% last week; retail investors would not be happy
Key Insights
- Significant control over TOP MATERIAL by retail investors implies that the general public has more power to influence management and governance-related decisions
- The top 2 shareholders own 55% of the company
- Insider ownership in TOP MATERIAL is 26%
Every investor in TOP MATERIAL Co., Ltd (KOSDAQ:360070) should be aware of the most powerful shareholder groups. With 37% stake, retail investors 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).
As market cap fell to ₩168b last week, retail…