Ann: WA State Government terminates Albany Funding Agreement, page-17

Probably because he could. He was no longer employed by CCE, and he would have started selling after the period specified in his exit contract.

And like has been said many, many times, the writing was on the wall long ago. He would have been thinking that $540,000 or whatever he got for his dump was better than $0. I'm not excusing anything he and MO did around EMC, but yeah, he would have sold just because he could.

It's not like no-one else did either. If you compare 2018 top 20 shareholders to the last top 20 you will see several names have gone. My cousin and his mate among them.