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Saturday, 17 March 2012

Olam


Look like the market is able to absorb the selling from Capital Group.

The Capital Group Companies, Inc. ("CGC")  from 6.7774 % To 5.6240 %
Shares were disposed of through a series of transactions from 8/3/2012 through 14/3/2012.



2 comments:

  1. CGC has been selling since 28nov11(9.1736%). In recent weeks it has been more aggressive though. I think they might sell down to 4.999% (below 5%-minor shareholder). So that leaves not much for them to sell. Let's see if the price tells us whether all the selling pressure is gone.
    (vested in very small quantity)

    ReplyDelete
  2. Technical wise, looks like a bear flag. If market sentiments are negative next week, it may continue to fall.

    ReplyDelete

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