INET,
IMO, CDEx and it's staff probably sold off their Loch holdings at the time MP encouraged them to do so. It would have defeated the purpose to do anything else.
I just can't see them holding because the price wasn't right (if I'm reading you right), especially when MP stated that their Loch holdings were small in comparison to their new positions in CDEx.
BTW INET, I wasn't one of the posters who has a problem with MP selling some of his shares and I don't think anyone needs to provide an explanation for why he's doing so. It's not a significant event IMO.