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President of SM Entertainment, Lee Soo Man has sold $ 6,750,000 USD shares hers yesterday.Although today he is still the largest shareholder in BCE with 4,041,465 shares valued at $ 58,000,000, the decision to sell 500,000 shares under the previous day's closing price of $ 14.59, and that was enough to make the shareholders feel worried and questions arise about the future of the company. Lee Soo Man sells its shares each of $ $ 13.57, 7% lower than the previous day.
It was reported that Mr. Lee had sold their shares to the company's long-term foreign funds. To overcome this situation, SM Entertainment, said that Lee Soo Man sell its shares for "personal reasons".
However, there are rumors circulating on the internet that SM Entertainment was having some financial problems despite their idol group SNSD, SHINee, Super Junior and has been reaping success.
Many say that (RUMOR) comebacknya SNSD predictably 'Hoot' amid their promotion in Japan, partly due to the fact that BC is in financial crisis. SM Entertainment has seen an increase in stock price from the buyer, from ₩ 4,180 per share ($ 3.61 USD) in 2009, be increased by ₩ 22,800 per share ($ 19.74 USD) on November 2.
Credit: hellokpop
It was reported that Mr. Lee had sold their shares to the company's long-term foreign funds. To overcome this situation, SM Entertainment, said that Lee Soo Man sell its shares for "personal reasons".
However, there are rumors circulating on the internet that SM Entertainment was having some financial problems despite their idol group SNSD, SHINee, Super Junior and has been reaping success.
Many say that (RUMOR) comebacknya SNSD predictably 'Hoot' amid their promotion in Japan, partly due to the fact that BC is in financial crisis. SM Entertainment has seen an increase in stock price from the buyer, from ₩ 4,180 per share ($ 3.61 USD) in 2009, be increased by ₩ 22,800 per share ($ 19.74 USD) on November 2.
Credit: hellokpop
