The share price response indicates that it is material to MEA - clearly the suggestion that the CEO has a large gambling debt is significant to shareholders based on the market response yesterday. Therefore, it is not true I would have thought MEA would make announcement to that effect. By not making an announcement it gives the impression there may be substance to it. Not sure why MEA does not kill off the speculation if it can.
No Luck On The Punt, page-23
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