Given Mr Liam Carroll's aversion to publicity, it's impossible to get any sort of fix on what the Zoe Developments boss's plans are regarding the massive property sale and restructuring of Dunloe Ewart. Few expect Mr Carroll to even to turn up to next month's e.g.m. and any input from him is anticipated to be through a solicitor.
Dunloe chairman Mr Noel Smyth showed just a little bit of exasperation towards his biggest shareholder this week when he bemoaned the fact that Mr Carroll wouldn't take his telephone call and dispatched his solicitor to tell Mr Smyth in writing that he wasn't interested in talking to him.
Mr Carroll, however, is sitting on a sizeable paper loss on his Dunloe investment. But having spent the best part of €50 million on building up a 27 per cent stake, one must assume he has some strong position on a restructuring of the scale that Mr Smyth is proposing for Dunloe.
Hopefully, the e.g.m. will shed some light.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)