MMA is a fund manager and can wait for a long time for its share to recover. They can even afford to lose. They hold about 15% of OTL and purchases them at much higher price. IMHO, HLL and MMA get caught in OTL.They must decide whether to get out (IMHO, difficult to get out) or stay put (hope for recovery or maybe have no choice without losing too much). The shares may bounce if HHL, MMA, TelEurope or other fund managers decide to buy more OTL shares (average down). On the other hand if large share holders want to cut loss, OTL will drop further.
DYOR before buy/sell/hold
Cheers,
BL
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