Charles Morgan not only picked up the shortfall on the most recent cap raising, but also contributed another $1m in the previous cap raising 8 months ago. During that time, he's overseen the share price triple, delivering a lot of wealth to shareholders. He still holds far more than he sold (and chose to sell during a time where there's been high volume in trade). I'm sure he's just like everyone else who wants to sell when the share price increases.
Sure, it would be nice for him to continue to hold everything he's bought, but he's done a fantastic job so far and deserves the reward.
AYN Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
