Imagine you are a financial adviser (or simply a good friend). You do not own any ARU shares and are otherwise completely dis-interested in the sucess and/or failure of the company. Anderson comes to your office seeking advice. After listening to  him explain his financial situation, you:

 (1) recommend that he sells a portion now so as to guarantee his financial independence,

(2) recommend that he waits until after the negs because he stands to make a lot more money if they are successful