While its cast a cloud over wbt for a while, there is many many possible scenarios for his decision.
He may have been holding for a deal and already stretched his limits with the tax man and simply run out of time, the tax man shows no mercy in any country.
He may have already borrowed to capacity, maybe a margin loan or some other debt foreclosure.
Maybe a life threatening illness in the family.
The possible list is infinite. At the end of the day, he's just another human being with financial responsibilities like the rest of us.
Not great for us but I imagine it's a much nastier situation for him.
If another director sells, I'll start flinging mud. But for now I see no reason not to trust the content of the announcement.
WBT Price at posting:
2.7¢ Sentiment: None Disclosure: Held
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