They timed this for Xmas

  1. 561 Posts.
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    It just occurred to me that they timed this announcement for the four day Xmas trading break. This is exactly what they did after the first AFR publication - they used the missing director as an excuse to halt trading for a few days so they could calm the sophs and wait for the news to dissipate, thereby mitigating some of the panic selling. It's probably not a bad tactic to head off a bit of short term volatility but in the long run it won't do them any good. Gotta love the shenanigans though. If there's one thing our board has truly excelled at, it's cynical tricks and a very low intellect kind of cunning.

    Merry Xmas all.
 
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