ASX:WAFMetals and Mining
Did Hyde’s Bigger Stake and New Shares Just Rebalance Insider Alignment and Liquidity at West African Resources (ASX:WAF)?
In late November 2025, West African Resources reported that Managing Director Richard Hyde acquired 484,949 additional shares, lifting his holding to 17,633,118 shares, while also issuing 944,544 new fully paid ordinary shares now quoted on the ASX.
This combination of increased insider ownership and a larger free float may influence how investors assess alignment between management and shareholders, as well as trading liquidity.
We’ll now examine how Richard Hyde’s increased shareholding...