West African Resources Limited

ASX:WAF Stock Report

Market Cap: AU$3.4b

West African Resources Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

ASX:WAF Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
06 Jul 26BuyAU$35,759,048Helikon Investments LimitedCompany11,897,242AU$3.32
18 Jun 26SellAU$48,139,025L1 Capital Pty. LimitedCompany14,938,057AU$3.22
28 May 26BuyAU$38,237,205Helikon Investments LimitedCompany12,667,509AU$3.15
28 May 26BuyAU$389,434L1 Capital Pty. LimitedCompany126,094AU$3.09
15 May 26BuyAU$42,460,933Helikon Investments LimitedCompany13,170,995AU$3.37
14 May 26BuyAU$967,981JPMorgan Chase & Co.Company294,601AU$3.34
14 May 26SellAU$2,638,455JPMorgan Chase & Co.Company813,133AU$3.33
11 May 26BuyAU$64,690,277L1 Capital Pty. LimitedCompany21,399,108AU$3.02
08 May 26BuyAU$6,884,598JPMorgan Chase & Co.Company2,250,413AU$3.42
08 May 26SellAU$16,422,115JPMorgan Chase & Co.Company5,345,815AU$3.44
05 May 26BuyAU$19,431,160UBS Asset Management AGCompany6,511,120AU$2.98
05 May 26SellAU$36,648,467UBS Asset Management AGCompany12,293,835AU$2.98
01 May 26BuyAU$38,314,755Helikon Investments LimitedCompany12,580,307AU$3.26
28 Apr 26BuyAU$221,686,038UBS Asset Management AGCompany70,004,096AU$3.33
28 Apr 26SellAU$236,217,821UBS Asset Management AGCompany74,545,767AU$3.17
28 Apr 26SellAU$7,948,484Richard HydeIndividual2,500,000AU$3.21
22 Apr 26BuyAU$92,551,246Helikon Investments LimitedCompany27,316,337AU$3.39
20 Apr 26BuyAU$196,054BlackRock, Inc.Company559,275AU$3.46
20 Apr 26BuyAU$5,905,999JPMorgan Chase & Co.Company1,757,415AU$3.51
17 Apr 26SellAU$5,956,358JPMorgan Chase & Co.Company1,785,076AU$3.51
16 Apr 26SellAU$0BlackRock, Inc.Company2,385,393AU$3.51
13 Apr 26SellAU$32,170JP Morgan Asset ManagementCompany9,546AU$3.37
31 Mar 26BuyAU$26,103,675JPMorgan Chase & Co.Company8,865,430AU$3.20
31 Mar 26SellAU$20,391,906JPMorgan Chase & Co.Company6,994,918AU$3.20
30 Mar 26BuyAU$127,277BlackRock, Inc.Company226,620AU$3.05
26 Mar 26BuyAU$67,968JP Morgan Asset ManagementCompany21,646AU$3.14
25 Mar 26BuyAU$745,907BlackRock, Inc.Company237,550AU$3.14
25 Mar 26SellAU$36,975BlackRock, Inc.Company11,738AU$3.15
24 Mar 26BuyAU$2,131,598BlackRock, Inc.Company8,184,070AU$3.94
19 Mar 26BuyAU$136,402,932UBS Asset Management AGCompany45,460,873AU$3.17
19 Mar 26SellAU$153,068,662UBS Asset Management AGCompany51,056,194AU$3.27
19 Mar 26SellAU$1,359,537JP Morgan Asset ManagementCompany478,580AU$2.86
16 Mar 26BuyAU$173,838,067JPMorgan Chase & Co.Company53,972,659AU$3.95
16 Mar 26SellAU$100,986,817JPMorgan Chase & Co.Company30,499,983AU$3.94
11 Mar 26SellAU$1,627,906JP Morgan Asset ManagementCompany569,872AU$3.52
02 Mar 26BuyAU$395,261,909UBS Asset Management AGCompany111,344,030AU$3.55
27 Feb 26SellAU$406,120,734UBS Asset Management AGCompany115,282,201AU$3.75
26 Feb 26BuyAU$214,751JP Morgan Asset ManagementCompany60,664AU$3.54
16 Feb 26SellAU$36,640,510L1 Capital Pty. LimitedCompany9,527,938AU$3.85
10 Feb 26BuyAU$424,616Morgan StanleyCompany121,094AU$3.51
10 Feb 26BuyAU$3,497,000Mitsubishi UFJ Asset Management Co., Ltd.Company1,000,000AU$3.50
09 Feb 26BuyAU$10,369,192Mitsubishi UFJ Asset Management Co., Ltd.Company3,005,659AU$3.49
04 Feb 26BuyAU$7,149,714Mitsubishi UFJ Asset Management Co., Ltd.Company2,024,222AU$3.55
04 Feb 26SellAU$2,413,167Morgan StanleyCompany672,480AU$3.59
02 Feb 26BuyAU$454,190Mitsubishi UFJ Asset Management Co., Ltd.Company129,995AU$3.49
30 Jan 26BuyAU$690,411Morgan StanleyCompany188,896AU$3.65
30 Jan 26SellAU$593,241Morgan StanleyCompany155,731AU$3.81
29 Jan 26BuyAU$1,342,771Morgan StanleyCompany345,602AU$3.89
29 Jan 26BuyAU$567,419Mitsubishi UFJ Asset Management Co., Ltd.Company146,563AU$3.87
28 Jan 26BuyAU$1,978,403Mitsubishi UFJ Asset Management Co., Ltd.Company527,433AU$3.79
28 Jan 26BuyAU$43,586,295Morgan StanleyCompany11,731,104AU$3.72
22 Jan 26BuyAU$340,400Morgan StanleyCompany92,521AU$3.70
22 Jan 26SellAU$57,391,821Morgan StanleyCompany15,774,778AU$3.64
21 Jan 26BuyAU$7,176,913Mitsubishi UFJ Asset Management Co., Ltd.Company1,920,065AU$3.74
21 Jan 26BuyAU$10,264,326Morgan StanleyCompany2,745,352AU$3.74
16 Jan 26BuyAU$1,074,738Morgan StanleyCompany314,123AU$3.42
16 Jan 26SellAU$1,261,745Morgan StanleyCompany372,054AU$3.39
14 Jan 26BuyAU$18,326,250Morgan StanleyCompany5,472,807AU$3.35
12 Jan 26BuyAU$123,164,486UBS Asset Management AGCompany39,779,574AU$3.10
12 Jan 26SellAU$93,521,793UBS Asset Management AGCompany29,711,856AU$3.29
06 Jan 26BuyAU$2,933,031Morgan StanleyCompany921,070AU$3.20
02 Jan 26BuyAU$7,532,116Morgan StanleyCompany2,480,099AU$3.04
19 Dec 25BuyAU$17,494,788Morgan StanleyCompany6,191,054AU$2.87
19 Dec 25SellAU$84,326,018Morgan StanleyCompany29,607,434AU$2.85
16 Dec 25BuyAU$39,646,784UBS Asset Management AGCompany14,122,392AU$2.81
16 Dec 25BuyAU$1,033,240Eaton Vance ManagementCompany370,337AU$2.79
16 Dec 25SellAU$27,039,688UBS Asset Management AGCompany9,621,791AU$2.81
05 Dec 25BuyAU$26,974,130UBS Asset Management AGCompany9,422,584AU$2.86
05 Dec 25SellAU$15,390,792UBS Asset Management AGCompany5,388,159AU$2.86
01 Dec 25SellAU$3,443,097Lyndon HopkinsIndividual1,200,000AU$2.87
28 Nov 25BuyAU$42,405,925L1 Capital Pty. LimitedCompany17,614,855AU$2.41
28 Nov 25BuyAU$72,515,042Tony PoliIndividual63,197,811AU$1.15
27 Nov 25SellAU$135,845,437The Vanguard Group, Inc.Company48,165,768AU$3.04
26 Nov 25BuyAU$2,786,963Van Eck Associates CorporationCompany1,039,726AU$3.02
26 Nov 25BuyAU$34,184,752The Vanguard Group, Inc.Company11,449,257AU$3.05
26 Nov 25SellAU$46,575,607Van Eck Associates CorporationCompany17,947,797AU$2.74
26 Nov 25SellAU$948,895Esb Pension FundCompany354,691AU$2.68
08 Sep 25BuyAU$159,443BlackRock, Inc.Company52,741AU$3.04
03 Sep 25SellAU$10,479BlackRock, Inc.Company3,447AU$3.04
01 Sep 25BuyAU$9,798BlackRock, Inc.Company3,223AU$3.04
28 Aug 25BuyAU$5,983BlackRock, Inc.Company1,968AU$3.04
27 Aug 25BuyAU$978,883BlackRock, Inc.Company322,001AU$3.04
27 Aug 25SellAU$7,114,719L1 Capital Pty. LimitedCompany2,491,530AU$2.86
26 Aug 25BuyAU$1,258,676BlackRock, Inc.Company456,461AU$2.90
19 Aug 25SellAU$7,952BlackRock, Inc.Company2,956AU$2.69
18 Aug 25BuyAU$9,341BlackRock, Inc.Company3,447AU$2.71
15 Aug 25BuyAU$132,611BlackRock, Inc.Company78,472AU$2.77
14 Aug 25SellAU$0BlackRock, Inc.Company81,883AU$2.74
12 Aug 25SellAU$5,097,219Tony PoliIndividual5,900,000AU$0.86
11 Aug 25BuyAU$72,528BlackRock, Inc.Company26,763AU$2.71
08 Aug 25BuyAU$1,204,046BlackRock, Inc.Company780,748AU$2.69
08 Aug 25SellAU$41,213BlackRock, Inc.Company981,840AU$2.67

Insider Trading Volume

Insider Buying: WAF insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of WAF?
Owner TypeNumber of SharesOwnership Percentage
Private Companies4,931,2240.431%
Individual Insiders76,034,3266.65%
General Public84,052,6567.35%
Hedge Funds140,103,80612.2%
Institutions838,630,99673.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 88.97% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.3%
Helikon Investments Limited
140,103,806AU$413.3m124%4.19%
11.1%
L1 Capital Pty. Limited
126,524,778AU$373.2m-2.27%3.58%
11%
Morgan Stanley
126,263,248AU$372.5m-3.1%0.02%
6.21%
State Street Global Advisors, Inc.
70,999,205AU$209.4m-22.9%no data
5.42%
Van Eck Associates Corporation
62,032,813AU$183.0m0%0.07%
5.01%
Tony Poli
57,297,811AU$169.0m0%no data
4.97%
Dimensional Fund Advisors LP
56,863,808AU$167.7m0%0.01%
4.93%
BlackRock, Inc.
56,330,446AU$166.2m-7.55%no data
4.74%
JPMorgan Chase & Co.
54,209,475AU$159.9m-23.2%0.01%
4.72%
UBS Asset Management AG
54,011,955AU$159.3m-23.4%0.01%
3.23%
American Century Investment Management Inc
36,969,911AU$109.1m13.4%0.03%
2.61%
Fidelity International Ltd
29,857,302AU$88.1m0%0.02%
2.1%
Vanguard Investments Australia Limited
24,029,668AU$70.9m3.54%0.04%
1.84%
Cowen and Company, LLC
21,073,356AU$62.2m0%95.11%
1.32%
Richard Hyde
15,133,118AU$44.6m-14.2%no data
1.16%
Stichting Lichfield
13,250,000AU$39.1m0%85.21%
0.96%
CapSolutions GmbH
11,000,000AU$32.5m0%6.06%
0.93%
Mitsubishi UFJ Asset Management Co., Ltd.
10,693,033AU$31.5m6,860%0.01%
0.9%
Stabilitas GmbH
10,300,000AU$30.4m0%7.26%
0.83%
Konwave AG (Gold 2000)
9,496,000AU$28.0m0%0.6%
0.75%
CQS (UK) LLP
8,563,264AU$25.3m0%3.67%
0.59%
Invesco Ltd.
6,746,298AU$19.9m-20.1%no data
0.51%
BetaShares Capital Limited
5,823,055AU$17.2m8.08%0.04%
0.44%
Franklin Resources, Inc.
5,083,556AU$15.0m0%no data
0.43%
GAMS-Mining F&I Ltd
4,931,224AU$14.5m0%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 04:30
End of Day Share Price 2026/07/23 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

West African Resources Limited is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrayATB Cormark
Taylor GuyotBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited