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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sosfinance
1,305 posts
Posted by sosfinance > 2020-05-18 21:35 | Report Abuse
"Since the start of MCO until now, he has disposed off more than 13mil shares" - YOU MAY HAVE TAKEN THE FIGURE TWICE, ACTUALLY SINCE MCO, HE DISPOSED ABOUT 6.5M (DIRECT AND INDIRECT - INDIVIDUAL AND COMPANY - SAME NUMBER OF SHARE DISPOSED) AND HE ALSO ACQUIRED DURING MCO ABOUT 1.4M shares, hence net disposal is 5.1M (most of it at a profit - if you take the lowest price he bought) - actually it is IMMATERIAL compared with a total where he owns more than 30%. It is only 5.1/984 = 0.5% of the total shares outstanding.