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A look at the shareholders of Evolution Mining Limited (ASX:EVN) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 57% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
And so it follows that institutional investors was the group most impacted after the company's market cap fell to AU$3.6b last week after a 7.3% drop in the share price. The recent loss, which ...
>>> Read more: Evolution Mining Limited's (ASX:EVN) recent 7.3% pullback adds to one-year year losses, institutional owners may take drastic measures
And so it follows that institutional investors was the group most impacted after the company's market cap fell to AU$3.6b last week after a 7.3% drop in the share price. The recent loss, which ...
>>> Read more: Evolution Mining Limited's (ASX:EVN) recent 7.3% pullback adds to one-year year losses, institutional owners may take drastic measures
