what are they waiting for , page-10

Interesting perspective, however I believe the potential reward matches the risk.
As regards the selling of 3m shares our company co-founders are simply raising cash to buy their oppies.
One thing I did note re yesterdays announcement was Dr Kenny (somebody will no doubt tell me thats not his real name!) and Dixey asserted they would not be selling any additional shares "ahead of first oil".
HELLO! Thats supposedly two weeks away! Not very comforting. They will sell its just a case of when and how many although it would be a really bad sign if they sold ahead of Puffin 10 slated for next month.