Ann: Change of Director's Interest Notice x 2, page-282

Option 1:
If hole 7 results are as good or better than hole 1 then the share price will spike and the directors will look silly for selling out cheap and everyone will forget about it.

Option 2:
If hole 7 results are disappointing then the share price will drop which will make the directors selling look suspicious and will attract some please explains from the ASX.

Assuming the directors are smart enough to realise this situation which option seems more likely? If I was a director looking to take some money off the table then I'd be doing it knowing I've got option 1 to sooth shareholder concerns.