change of director's interest notice ..., page-8

I simply scratch my head and say I don't get it.

He says "in order to meet taxation comittments and other purposes"

so it isn't tax loss selling. It is from taxable income incurred over the F'10 period not F'11. I think 15th May is final lodgement date. But 'other things'?
New car for the wife? Overseas holiday?
Doesn't matter I guess as he has a right to get some cash when he pleases.

As for it possibly meaning the contracts are a way off still it could actually mean the opposite. He may not want to have been seen to be selling into a great announcement?

I guess the tax man couldn't care less and just wants his money.

I just wish we would get a 'normal' announcement to talk about. You remember the ones that other companies produce. Investor updates, signed contracts, that sort of thing.