Sensible, balanced and informative post Terry.
My understanding is aligned with yours with regards to his opinion of WP, he reinforced that at last years AGM in his belief that WP was the perfect person for the roll of taking Admedus to profitability. (and I agree)
Not withstanding my displeasure of the statement I referred to in my recent post, I have no doubt his selling was booking a capital loss. He has had his hands tied the last couple of years with regards to trading his shareholding, if he has been able to achieve capital gains elsewhere this year then it is logical to offset that gain, and this would explain the unfortunate timing.
I have little doubt he will return his holding to a higher level over time.
Top 20 Movement Plus /Minus, page-130
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