Key Insights

• Significant control over Rimfire Pacific Mining by retail investors implies that the general public has more power to influence management and governance-related decisions

• The top 25 shareholders own 42% of the company

• Insiders own 16% of Rimfire Pacific Mining

Every investor in Rimfire Pacific Mining Limited (ASX:RIM) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 58% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Clearly, retail investors benefitted the most after the company's market cap rose by AU$44m last week.

Let's take a closer look to see what the different types of shareholders can tell us about Rimfire Pacific Mining.

See our latest analysis for Rimfire Pacific Mining

What Does The Institutional Ownership Tell Us About Rimfire Pacific Mining?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that Rimfire Pacific Mining does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Rimfire Pacific Mining, (below). Of course, keep in mind that there are other factors to consider, too.

Rimfire Pacific Mining is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Reef Investments Pty Ltd, Asset Management Arm with 9.4% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 6.5% and 3.9%, of the shares outstanding, respectively.

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Rimfire Pacific Mining

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.