Arovella Therapeutics Ownership

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

Recent Insider Transactions

ASX:ALA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Sep 24	SellAU$6,502,097	Merchant Group Pty Ltd,Asset Management Arm	Company	6,502,098	AU$1.00
31 Aug 24	BuyAU$987,217	Merchant Funds Management Pty Ltd	Company	13,623,122	AU$0.083
31 Jul 24	SellAU$1,041,383	Merchant Funds Management Pty Ltd	Company	11,313,335	AU$0.12
30 Jun 24	BuyAU$1,603,731	Merchant Group Pty Ltd,Asset Management Arm	Company	22,575,474	AU$0.071
30 Jun 24	BuyAU$518,139	Merchant Funds Management Pty Ltd	Company	7,800,000	AU$0.11
30 Apr 24	BuyAU$795,944	Merchant Group Pty Ltd,Asset Management Arm	Company	9,472,222	AU$0.084
30 Apr 24	SellAU$217,074	Merchant Funds Management Pty Ltd	Company	2,000,000	AU$0.11
28 Mar 24	BuyAU$14,935	Thomas Duthy	Individual	103,000	AU$0.14
28 Mar 24	BuyAU$10,000	Gary Phillips	Individual	66,666	AU$0.15
27 Mar 24	BuyAU$31,290	Michael Baker	Individual	220,000	AU$0.14

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.6%.

Top 25 shareholders own 38.95% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.64%	Trust Company Funds Management Ltd.	59,369,000	AU$9.2m	0%	0.52%
5.49%	Merchant Group Pty Ltd,Asset Management Arm	57,709,223	AU$8.9m	79.4%	72.73%
4.84%	Mann Beef Pty Ltd	50,905,657	AU$7.9m	0%	no data
2.64%	Matthew Buckley	27,749,415	AU$4.3m	0%	no data
2.08%	James Hughes-Morris	21,917,196	AU$3.4m	0%	no data
1.98%	Daniel Phillips	20,834,940	AU$3.2m	0%	no data
1.97%	Blackburne Capital Pty Ltd	20,695,706	AU$3.2m	7.93%	no data
1.63%	Shahen Mekertichian	17,166,666	AU$2.7m	9.57%	no data
1.44%	Tk Cooper Holdings Pty Ltd	15,186,620	AU$2.4m	0%	no data
1.29%	M & M Stock One Pty Ltd	13,596,581	AU$2.1m	21.4%	no data
1.24%	Neil Delroy	13,067,222	AU$2.0m	26.6%	no data
1.19%	Peter Cook	12,543,194	AU$1.9m	0%	no data
1.14%	Murray James Way Pty Ltd	12,022,400	AU$1.9m	64.2%	no data
1.08%	Naomi Hughes-Morris	11,309,868	AU$1.8m	0%	no data
1.05%	Moovnup Pty Ltd	11,067,962	AU$1.7m	9.09%	no data
0.99%	Clive Jones	10,390,789	AU$1.6m	2.47%	no data
0.95%	Richard Mann	10,000,000	AU$1.5m	181%	no data
0.62%	Michael Baker	6,567,472	AU$1.0m	0%	no data
0.45%	Brendan Martin	4,782,485	AU$741.3k	0%	no data
0.45%	Sharon Martin	4,782,485	AU$741.3k	0%	no data
0.45%	Thomas Duthy	4,747,444	AU$735.8k	0%	no data
0.084%	Fresh Start Australia Pty Ltd	883,487	AU$136.9k	0%	no data
0.078%	Nicole van der Weerden	822,222	AU$127.4k	0%	no data
0.075%	Gary Phillips	788,888	AU$122.3k	0%	no data
0.075%	Gary Phillips	788,888	AU$122.3k	0%	no data