Village Roadshow fell 9.1 per cent on Friday afternoon, despite an initially muted reaction to an uncontroversial strategy presentation it posted in the morning.

The falls coincided with a 2pm sit-down Q&A theme parks boss Clark Kirby held for two dozen of the company's large holders and analysts. For many, it their first substantive interaction with the executive. Combining the share price reaction with our other sources of intelligence suggests he didn't exactly impress.