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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Institutional Investors - Reuters

Institutional Investors - Reuters

posted on Mar 23, 2009 10:34AM


In terms of Institutional Investors in Connacher as stated on Reuter's website:

http://www.reuters.com/finance/stock...

you will notice that the number of holders has gone down to 45 from 48 or 49 and the 9,074,865 shares that sold on Friday have now been added to the 3 Mo Net Change below. The big question is who bought these 14 million shares over the last 3 months? Resolute funds or a new player? Curiously, the percentage of shares owed by Institutional investors has remained the same. Something is going on. But what..........?


% Shares Owned: 31.12% # New Positions: 1
# of Holders: 45 # Closed Positions: 4
Total Shares Held: 65,754,418 # Increased Positions: 4
3 Mo. Net Change:
14,102,696
# Reduced Positions: 9
# Net Buyers:
-5

Best Wishes; Scott

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