Ann: Tomingley Update and Guidance Upgrade, page-18

I don't think he is selling today.

it seems he pushed the last sale before Christmas. Probably sold few extra to leave him with some spare liquidity and avoid selling more too soon - if needed. If this is the case then ALK's SP should recover fast as long as POG does not start falling and there are no more delays with Tomie expansions.

In regards to IG selling, he can do whatever he wants with his shares. My only complaint was how the first sale was handled when ALK was trading for 3 hours in the dark and only handful of people knew what has taken place. ASX announcement should have been sent early and before the market opened.
The other complaint was how IG responded to question of selling at the AGM. He pointed the fact he can do whatever he wants with his shares but ignored the fact that the company did not released the news early or at least explain why they were not in a position to do so.
He could have and should have shown some humility.