$GRAB CEO Anthony Tan buys 10,350,000 shares of Grab at $2.89/share. Anthony has been a net seller on the open market since the company went public. This is first open market purchase. Obviously, for him to buy $30M of stock while his net worth is around $300-400M shows how significant of a purchase this is and how much he thinks the market has lost their minds on this name. We are now looking at a public valuation LOWER than what Grab was worth in the private markets. Their enterprise value is $7B and they will profitably do $4.2B of revenue this year. Really nice to see an insider buy — it has been a tough hold but the broader thesis, in my opinion, is being executed in a VERY strong way with a horrible macro backdrop . For a CEO who has been criticized for many insider sells (ma
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