Ann: Appendix 3Y, page-45

If you are worried about directors taking profits being a bad thing, sure he cashed out -300k worth but for comparison look at LTR. In the last 4 months 2 directors cashed out a combined 2.6 Million AUD worth of shares. The first noticeable director selling in the last few months was David Richards who exercised 2 million options and after sold 1 million shares at 0.88c AUD. 3 weeks after this director sold the share price was trading at $1.57 AUD, almost double the market cap of when he sold that 1 million.
Another director who sold LTR shares, Steven Chadwick sold close to 1 million AUD worth of shares at $1.12 per share. He sold in September and 4 days ago (November 30th) the LTR share price was $1.92 with it closing at $1.56 on Friday.
Just trying to show another side to directors selling, in this case David Richards lost double his profits almost for not holding for another 3 odd weeks and Steven missed out on ~60% extra profit for selling. So yes some companies defiantly have insider trading but as a comparison these LTR directors cashed out at almost half of what they could have weeks / months later.
This just shows directors take advantage of needing extra funds like normal humans and that selling shares may simply mean that. Not fearing the worst and just looking at these things using Occam's razor, generally explains why things happened.
Heads up high - December will be our month.