"Director's pension fund now $2,705M better off in cash.Why did...

"Director's pension fund now $2,705M better off in cash.
Why did he offload so many I would ask?"

I find this interesting. I think there is a lot of personal psychology at work here.

Just thinking like a guy with a big ego, I'd be buying tomorrow like there is no tomorrow.

We may see a higher open than usual for an ex-dividned stock.

The whole cum-dividende/ex-dividned trading situation fascinates me.

Maybe the guy thinks he can controlthe shareprice? With only 30m shares on issue, a good knowledge of who the main shareholders are and a huge fully franked dividend when compared with the shareprice)maybe there is some truth in this contention.

Personally, I'll do ok whichever way the penny fallls.