RE: Sentiment11 Dec 2021 17:19
"I don't believe any IIs are buying - there has been no TR1s. This is the problem with this share it is all PI held - there is no stability or accountability".
II's are buying in tranches hence why there have been no TR1s. How else do you explain the large volumes we've been seeing lately?
According to Omega's website only 0.88% is NOT in public hands, and they quote L&G as the only significant holders with less than 5%. I find this hard to believe as nearly all companies have II's. Yet according to Simply Wall st. 30%of Omega's shares are owned by Hargreaves Lansdowne, 12% by HBOS, 8% by AJ Bell Holdings, 6% Barclays bank, 5% IG. The large volumes we've been seeing traded lately I don't believe is coming from PI's. It's too coordinated, it has to be II's.