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FTW! Greg Yu sells P47M DITO shares at peak price of P19; cuts stake by nearly half in a month

Bilyonaryo Greg Yu managed to unload a big chunk of his holdings in DITO CME Holdings at the stock’s highest ever price.

READ: Greg Yu unloads another P18M worth of DITO shares as Dennis Uy’s telco nears launch

The DITO director sold 2.470 million DITO shares at P19 each on February 23. DITO has fallen by 21 percent to P15.06 on March 2.

READ: Greg Yu unloads P35M DITO shares in selling spree before New Year

The former Government Service Insurance System trustee has reduced his stake in DITO to 17.531 million shares after selling roughly 12.5 million shares in one month.

The third telco player owned by bilyonaryo Dennis Uy and China Telecom is expected to start its commercial operations next week, on 8 March 2020.

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