What on earth is McGrathmageddon set to announce?

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Via Domainfax:

Embattled real estate agency McGrath is seeking “urgent clarification” from incoming executive chairman and founder John McGrath after becoming privy to information relating to recent media reports.

The company requested a trading halt on Thursday morning pending an “announcement regarding recent media comment in relation to Mr McGrath”, after delaying a conference call with media and analysts to discuss its half-year results. “The event that will end the trading halt is the company issuing an announcement by Mr McGrath,” it said.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.