Retail Investors Hold Majority Ownership of Duratec Limited (ASX:DUR) with 40%, Surpassing Insider Ownership

Duratec Limited (ASX:DUR) has caught the attention of investors with its ownership structure revealing some key insights. Retail investors hold a significant 40% stake in the company, indicating their influence on key decisions. On the other hand, individual insiders own 32% of the company’s stock, showcasing their involvement in the business.

Institutional ownership of Duratec is less than 5%, suggesting that while some funds have the company on their radar, many have not yet invested. This leaves room for potential growth and increased institutional interest in the future.

The top 5 shareholders control 52% of the company, with Ertech Holdings Pty Ltd being the largest shareholder with a 19% stake. Robert Harcourt and Christopher Oates follow closely behind with 9.7% each. Christopher Oates, who is also a Member of the Board of Directors, holds a significant position in the company.

Insiders maintain a substantial holding in Duratec, with a AU$82m stake in the AU$255m business. This alignment with shareholders is seen as a positive sign, although the concentration of power within this group can sometimes raise concerns.

The general public holds a 40% stake in Duratec, while private companies own 23% of the shares. This ownership breakdown provides valuable insights into the company’s structure and potential future growth.

Overall, understanding the ownership structure of Duratec sheds light on who is truly in control of the company and how various stakeholders influence its decisions. Investors and analysts can use this information to make informed decisions about the company’s future prospects.