transocean has finished selling, page-7

Well he must be nearly done now.

ANN says he exercised 39.8m opps. Subsequently sold 5.7m on market. Now 22m traded already today. Am I missing something? If he is committed to ADO and wants to stay as a substantial shareholder he must surely be done selling by now.

The worry is that no matter how he financed the purchase of the opps the proceeds of the 5.7m would surely have kept the creditors at bay for a while if there was a major ann pending.

I'm not a seller and plan to hold for the LT but I'm starting to think that the payoff may be further down the track than we'd all hoped?

Comments and contrary views welcome.