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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Comment by hawkowlon Dec 14, 2005 9:40pm
109 Views
Post# 10020299

RE: WOW 1 million shares

RE: WOW 1 million sharesIt was a trade between CIBC and National Bank. That was about 10% of outstanding shares traded in one day. Will be interesting if a filing is made at Canadian Insider. This bodes well. My take on this is someone sees great value here and is making a move to acquire the company or put pressure on management to get shares trading towards fair value. And fair value is closer to $3. House Positions for V : OML from 20051214 to 20051214 Ex House Bought $Value Ave Sold $Value Ave Net $Net V 79 CIBC 747,900 1,271,430 1.70 0 747,900 -1,271,430 V 1 Anonymous 91,000 155,900 1.71 30,000 52,700 1.76 61,000 -103,200 V 2 RBC 45,000 78,200 1.74 1,000 1,850 1.85 44,000 -76,350 V 33 Canaccord 26,000 44,560 1.71 0 26,000 -44,560 V 73 Sprott 20,000 36,000 1.80 0 20,000 -36,000 V 68 Leede 16,000 27,360 1.71 10,000 17,000 1.70 6,000 -10,360 V 19 Desjardins 2,100 3,570 1.70 0 2,100 -3,570 V 95 Wolverton 1,000 1,850 1.85 0 1,000 -1,850 V 62 Haywood 0 50 95 1.90 -50 95 V 7 TD Sec 0 1,000 1,850 1.85 -1,000 1,850 V 9 BMO Nesbitt 3,050 5,345 1.75 10,000 18,500 1.85 -6,950 13,155 V 80 National Bank 25,000 43,500 1.74 925,000 1,575,720 1.70 -900,000 1,532,220 Total 977,050 1,667,715 1.71 977,050 1,667,715 1.71 0 0
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