JP Morgan bought 6,250,000 millions shares by the 16/08/06 and they bought another 250,000 on the 17/08/06 and 2,800,000 on the 21/08/06 to make a total of 9,300,000 shares which is 7.12%.
I consider this as a bullish sign for OMC with some keen investors willing to buy into OMC aggressively, perhaps for a takeover play or just want to have a decent exposure in OMC. I'll certainly holding on to my shares for a higher exit price than it is now. Stay tune.
OMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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