A market truism is, "If everybody knows something, you ain't gona make any money on it!"

The "circle of insider knowledge" reaches inward (containment) not outward. The"circle" at SAN is, IMHO, diminishing rapidly!

The question is, "can a circle of One exist?"

The virtual "no show" of SAN's BOD at the AGM was not well hidden! Ie, "No show" in relation to the BODs lack of "communication" with a sizable group of SHs who deserved much better!

IMHO, it was no accident!

An exerpt from 'Kings and Vikings': In the viking age --- 800AD to 1100AD --- the power of the ruler depended in large measure on his ability to reward his "followers!" (note "followers" is plural!)

Some things never change.

RUF