Mr Oei bought into Super at 34cts and 45cts per share about 2 years ago.
Yesterday he sold his total holdings at $1 per share Yeo Hiap Seng to reap an estimated profit of $46mio!!!
Amazing!
Did Edgar mirror Mr Oei's moves?
Edgar didn't. He was tracking the share price for months. The share price just exploded upwards from 40 plus cents level. He didn't follow. He regrets his inaction.
Should the market celebrate his departure by bidding the counter higher?
Sadly, I don't think so. We should take his cue.
No comments:
Post a Comment