Yeah - could paint a host of scenarios on that sale.
1. He is at odds with the Biograde deal (unlikely)
2. He sees the writing on the wall (highly likely)
3. He is cash strapped (likely and unlikely)
Like to see if his company William Thomas Investmnets P/L has shares in Biograde as that may paint another scenario altogether.
He was put on the board to identify new business opportunities for CNN so if Biograde is his instigation or has his blessing, his sale is at odds with me.
As you say though Pumper pisspoor.
Would not be suprised to see more to come.
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