I know our one and only concern is whether Patrick is:

a. selling out of fear that the negotiations are not going well (and he has inside information in this regard), or

b. he has legitimate reason for selling, such as take some money off the table for financial planning, or other reasons that needs money (as I suggested earlier in jest, he could be needing this money for his divorce settlement - I have seen this happened to some of my friends before).

Perhaps we should take a look at Patrick selling 20% of his ARU holdings outside of the box - from the buyer's perspective.

A big sale like this has to be arranged, and chances are that there is just one buyer. In that case the buyer would know who the seller is - it is Patrick, the president of the company!!. If you are the buyer would you not make sure that everything is fine with the company and that Patrick has legitimate reasons to sell?

I am sure who ever just bought $6.2 MM of ARU shares from Patrick would make absolutlely certain there are no hidden reasons behind this sale, such as the negotiations are going to collapse and Patrick is planning to skip the country. Anyone who has this much to invest in ARU (likely an institution) would have the proper resources and should have done its due diligence.

Besides ARU share price jumped a bit today, which ia another assuring sign. I know, owning ARU is never dull or for the weak.