Originally Posted by
BluSdUp
RYR annual meeting (AMG) on the 20 sept is closed to the press AND no press conference afterwards.
I sense change in the air.
The imposition of a news blackout at the AGM is somewhat desperate - if anything it shows MOL and co must feel they have lost control of the narrative.
But North Korea this is not...the truth will out regardless...and such clumsy attempt to suppress it will no doubt draw the ire of many in the press.
In a vacuum conspiracy theories will abound - Is there a shareholder revolt? Is there a schism in senior management? Is the company trying to hide something, like a serious financial or operational issue?
As I have said before, FR senior management are conditioned to always getting their own way; their inability to fight effectively from the back foot is becoming more evident by the day. It's looking increasingly likely that heads will roll before this is over, all the way to the top.