"Anyone like to comment on what is going on behind the scenes with the inconsistent share price movements?"
Norges Bank (Central Bank of Norway) have been the major player in recent substantial shareholder transactions:
Substantial Shareholder Transactions
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 Date Shareholder Previous Holding % Current Holding % Shares Bought Shares Sold 1 27/08/2018 Norges Bank 0.00 5.60 8,917,742 2 20/08/2018 Norges Bank 5.54 0.00 8,822,862 3 31/07/2018 Norges Bank 0.00 5.54 8,822,862 4 12/07/2018 Norges Bank 5.27 0.00 8,352,011 5 11/07/2018 Norges Bank 0.00 5.27 8,352,011 6 19/06/2018 Morgan Stanley and its subsidiaries 5.16 6.20 1,659,413 7 19/06/2018 Mitsubishi UFJ Financial Group, Inc 5.16 6.20 1,659,413 8 17/05/2018 Morgan Stanley and its subsidiaries 0.00 5.16 8,163,603 9 17/05/2018 Mitsubishi UFJ Financial Group, Inc 0.00 5.16 8,163,603 10 20/04/2018 Mitsubishi UFJ Financial Group, Inc 5.35 0.00 8,464,436 11 20/04/2018 Australia and New Zealand Banking Group Limited 5.25 0.00 8,177,472 12 20/04/2018 Morgan Stanley and its subsidiaries 5.35 0.00 8,464,436 13 19/04/2018 Morgan Stanley and its subsidiaries 6.57 5.35 1,923,630 14 19/04/2018 Mitsubishi UFJ Financial Group, Inc 6.57 5.35 1,923,630 15 17/04/2018 Morgan Stanley and its subsidiaries 0.00 6.57 10,388,066 16 17/04/2018 Mitsubishi UFJ Financial Group, Inc 0.00 6.57 10,388,066 17 19/03/2018 LSV Asset Management 0.00 5.10 8,061,413 18 29/01/2018 BT Investment Management Limited 5.28 0.00 8,339,835
The last buy transaction Becoming a Substantial Holder lists Citicorp and J.P.Morgan as registered holder of these securities. The last sell transaction Ceasing to be a Substantial Holder lists the change as Collateral Returned/Received.
These transactions may have played a part in recent share price movements.
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