West African Resources Limited

ASX:WAF Stock Report

Market Cap: AU$1.7b

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
16 Dec 24BuyAU$0State Street Global Advisors, Inc.Company19,435,262AU$1.84
12 Dec 24SellAU$0State Street Global Advisors, Inc.Company12,112,511AU$1.84
25 Oct 24SellAU$25,235Elizabeth MounseyIndividual14,000AU$1.80
24 Oct 24BuyAU$349,295State Street Global Advisors, Inc.Company20,763,097AU$1.73
24 Oct 24SellAU$0State Street Global Advisors, Inc.Company10,442,356AU$1.75
17 Oct 24SellAU$314,415State Street Global Advisors, Inc.Company4,308,353AU$1.74
16 Oct 24BuyAU$88,039State Street Global Advisors, Inc.Company11,429,614AU$1.84
09 Oct 24SellAU$22,767,242Fidelity International LtdCompany14,856,270AU$1.53
26 Sep 24SellAU$1,583,523Equinox Partners Investment Management LLCCompany865,135AU$1.83
23 Sep 24BuyAU$7,087,820Dimensional Fund Advisors LPCompany4,907,746AU$1.55
12 Sep 24SellAU$258,560Dimensional Fund Advisors LPCompany181,151AU$1.52
09 Sep 24SellAU$895,626Lyndon HopkinsIndividual665,059AU$1.37
02 Sep 24BuyAU$22,040Mitsubishi UFJ Asset Management Co., Ltd.Company15,743AU$1.40
02 Sep 24BuyAU$320,026Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany228,691AU$1.40
02 Sep 24SellAU$722,657Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany508,016AU$1.42
29 Aug 24BuyAU$805,613Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany572,338AU$1.41
28 Aug 24BuyAU$72,636Mitsubishi UFJ Asset Management Co., Ltd.Company52,069AU$1.39
28 Aug 24SellAU$128,485Mitsubishi UFJ Asset Management Co., Ltd.Company87,703AU$1.46
27 Aug 24BuyAU$328,849Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany223,848AU$1.47
27 Aug 24SellAU$171,678Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany117,880AU$1.46
26 Aug 24BuyAU$208,340Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany141,441AU$1.47
23 Aug 24BuyAU$1,190,344Mitsubishi UFJ Asset Management Co., Ltd.Company813,004AU$1.46
21 Aug 24BuyAU$5,487,403Mitsubishi UFJ Asset Management Co., Ltd.Company3,730,223AU$1.47
12 Aug 24BuyAU$17,626,780L1 Capital Pty. LimitedCompany12,181,837AU$1.63
30 Jul 24BuyAU$832,980The Vanguard Group, Inc.Company540,896AU$1.54
10 Jul 24SellAU$3,367,153The Vanguard Group, Inc.Company2,091,399AU$1.61
09 Jul 24BuyAU$11,691,439The Vanguard Group, Inc.Company7,237,831AU$1.62
08 Jul 24BuyAU$12,199,481Fidelity International LtdCompany7,894,518AU$1.55
08 Jul 24SellAU$4,722,878Van Eck Associates CorporationCompany2,973,488AU$1.59
08 Jul 24BuyAU$12,196,954L1 Capital Pty. LimitedCompany8,902,893AU$1.37
01 Jul 24BuyAU$449,773Van Eck Associates CorporationCompany274,394AU$1.64
21 Jun 24BuyAU$13,038,478Van Eck Associates CorporationCompany10,688,301AU$1.51
21 Jun 24SellAU$515,929Esb Pension FundCompany406,814AU$1.27
21 Jun 24SellAU$28,129,795Van Eck Associates CorporationCompany24,224,664AU$1.48
12 Jun 24BuyAU$16,127,320L1 Capital Pty. LimitedCompany11,433,301AU$1.53
30 Apr 24SellAU$27,000Nigel SpicerIndividual20,000AU$1.35
26 Apr 24BuyAU$17,682,383L1 Capital Pty. LimitedCompany16,054,882AU$1.26
26 Apr 24SellAU$1,137,052Lyndon HopkinsIndividual873,978AU$1.30
24 Apr 24SellAU$2,629,401Richard HydeIndividual2,000,000AU$1.31
02 Apr 24SellAU$410,440L1 Capital Pty. LimitedCompany321,914AU$1.27
15 Mar 24BuyAU$47,401Esb Pension FundCompany46,236AU$1.03
20 Feb 24BuyAU$131,921Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany151,765AU$0.87
19 Feb 24BuyAU$123,893Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany143,196AU$0.88
16 Feb 24BuyAU$311,733First Sentier Investors (Australia) IM LtdCompany354,847AU$0.88
15 Feb 24BuyAU$87,615Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany103,751AU$0.84
13 Feb 24BuyAU$175,563Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany202,079AU$0.87
13 Feb 24SellAU$191,955Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany225,394AU$0.85
05 Feb 24BuyAU$3,641,397First Sentier Investors (Australia) IM LtdCompany3,725,281AU$1.02

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 Companies4,931,2240.433%
Public Companies22,190,5081.95%
Individual Insiders55,705,7884.89%
General Public370,071,42932.5%
Institutions686,827,89560.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.1%.

Top Shareholders

Top 25 shareholders own 63.61% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.88%
L1 Capital Pty. Limited
101,249,973AU$150.4m26.3%2.14%
8.7%
Van Eck Associates Corporation
99,103,866AU$147.2m-3.82%0.1%
5.1%
State Street Global Advisors, Inc.
58,144,769AU$86.3m1,070%no data
5%
The Vanguard Group, Inc.
56,994,349AU$84.6m11.1%no data
4.99%
Dimensional Fund Advisors LP
56,926,433AU$84.5m52%0.01%
4.84%
Equinox Partners Investment Management LLC
55,197,237AU$82.0m-2.71%18.9%
4.69%
Fidelity International Ltd
53,487,149AU$79.4m-18.9%0.02%
2.58%
BlackRock, Inc.
29,414,380AU$43.7m10%no data
2.58%
Tony Poli
29,400,000AU$43.7m0%no data
2.18%
Kohlhase & Stower Asset Management GmbH
24,821,013AU$36.9m0%7.12%
1.95%
B2Gold Corp.
22,190,508AU$33.0m0%no data
1.84%
American Century Investment Management Inc
20,960,274AU$31.1m-1.11%0.01%
1.5%
Richard Hyde
17,148,169AU$25.5m8.09%no data
1.26%
Norges Bank Investment Management
14,370,007AU$21.3m0%no data
1.16%
Stichtlng Lichfield., Endowment Arm
13,250,000AU$19.7m0%81.7%
1.12%
Franklin Resources, Inc.
12,748,556AU$18.9m-3.7%no data
1.02%
Invesco Ltd.
11,600,000AU$17.2m287%no data
0.96%
CQS (UK) LLP
10,941,118AU$16.2m0%2.84%
0.79%
Universal Investment GmbH
8,965,782AU$13.3m0%0.12%
0.48%
BetaShares Capital Limited
5,487,096AU$8.1m6.28%0.03%
0.44%
Konwave AG (Gold 2000)
5,048,000AU$7.5m0%0.43%
0.43%
GAMS-Mining F&I Ltd
4,931,224AU$7.3m0%no data
0.38%
Morgan Stanley, Investment Banking and Brokerage Investments
4,382,739AU$6.5m1,070%no data
0.38%
Nt-Comnwlth Super Corp
4,279,418AU$6.4m0%0.05%
0.35%
Jupiter Fund Management Plc
3,934,296AU$5.8m0%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

West African Resources Limited is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited
Duncan HughesBell Potter