Teoh can't sell. Imagine if he sells. Think how the rest of the shareholders would react?
SP has these two factors:
1. Entered into it very cheap. Even at this price would still be making a profit
2. Value investor, any signal of them selling would send a negative signal to the market. Besides they are a fund and would have mandates to have "x%" in telco etc. They can just easily shift it between their portgolios to balance it out
Just my 2cents.
TPM Price at posting:
$6.97 Sentiment: None Disclosure: Not Held
