So here is my thought. The EGM date has to be set soon. Given the Chairman says they have the vote to win obviously they want the vote to happen immediately so get this "distraction" out of the way. But they can delay the vote by up to 5 weeks if they (which I expect) realize they are going to lose, which would take us to mid/late June. If the vote is by end of May the Chairman thinks he has a chance of winning. If the meeting is beginning of June he's concerned. If the meeting is toward end of June he knows he has lost. Let's see when the date is. Will there be any doubt? I think we all know it will be delayed as long as possible... Mid/end June which tells us they know they are going to lose. So why are they hanging in to the end? Given how much the board earn it makes sense to hang around would be one reason I could think of... The 47% support statement yesterday I believe is laughable beyond measure. Let's see! Any date other than by end of May just tells me they are continuing the same games we've seen this past 8 years.
RUB Price at posting:
4.8¢ Sentiment: None Disclosure: Held