The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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We already fell from 2800p to 800p.... what was the bond in dec same price then went up to 70% now back down.
Good ft article... so if the $360m convertible bond is trading at around half of its face value what do we think the equity is worth ...
Your hope for this share is tragic BIg T, how you can call anyone else deluded is a little ironic. Nmc will be £20 soon I tell ya....fool. Keep believing when it crumbles it will hurt more
Tina its because they copy our posts and paste them there. So these lot think we have the time to do double postin
Hi Tina could you paste info cant access it. All I know is even after being sacked look how he's talking about nmc. Like its the next apple share lol. I love it
looks like morgan stanley actually sold?
Resulting situation on the date on which threshold was crossed or reached
Below 3%
Position of previous notification (if applicable)
5.12%
LOL... yeah i noticed that, Tina/Matt is a confused child.
Morgan Stanley increased their holding on 25/02.
Little did they know, little did we know.
Adzy, could you really believe someone who is Tina here and mattcookson on adfvn?! Haha
Sounds like a bargain Tina/Matt I could use them as a hammock for my pet elephant
Thanks for the detail Tina/mattcookson..at least you can afford to replace your mums pants
Whats future medical? Never heard of it.
Tina - there's no way you managed to get 35K at 5.13p... i tried to buy 10K worth for hours and it kept going into auction... any proof to show your profits?
That's technical outcome. But what IIs would do can't be predicted. They surprised us from 500s to 900s. Even you adzy went long from short.
If this was a retailer, I would have completely written this off. But being a leading healthcare provider, may offer a small glimmer of hope.
Hey Tina honey, here is some language for you to understand....YOU LOST YOUR MONEY BABE
Thanks.
To make matter worst: "Bank of America cutting its growth forecasts to an 11-year low".
Not good time to invest in any market.
I'm afraid I just can't see it coming back out of suspension... not this year anyway.
More and more skeletons are going to now come out, and if these credit card receivables are true it would seem like the company and/or it's founders were very acting desperate, even pledging the office equipment as collateral (!)
To do that can only mean the company is massively in debt, has somehow exhausted all other forms of finance and is on its last legs... the bond price collapse is also telling, which indicates to me that there is simply no equity value left for shareholders as things stand...
adzy, do you see any thin possible outcome here?
yeah, i find it kind of shocking that none of these IIs saw this coming... but then again they wouldn't have been able to talk to management given the "offer period" they are in following takeover interest from GKSD... was that all a smokescreen from Kamel Ghribi to allow Shetty to offload?? ... odd that GK Invest's website suddenly went "under maintenance" after they announced their so-called bid...
Bellevue, Blackrock and Clermont increased further yesterday.
Little did they know, little did we know.
Hey Mark, thanks for your "I told you so" contribution. Exactly what shareholders need right now.
This is looking like another polly peck.
Hereshopin - don’t think you are far off!
Tinatots - when last week me n others was saying how much of a shafting shareholders were gonna get IF foul play dodgy accounting etc had occurred and that it could get suspended ... well here’s the suspension the shafting comes later
wow oh wow:
"Last week NMC pledged “the entire receivables” of its NMC Trading entities to Abu Dhabi Commercial Bank, along with their office equipment and machinery, the filings show."
"NMC filed the pledge on its credit card payments two days before two powerful Emirati shareholders sold off a 15 per cent stake in group, the first of a series of seemingly forced stock sales to satisfy margin calls"
The company clearly has no money to be acting like this!
I get it adzy.
They've no money, major debts, governance rotten to the core........
I can't find any positive angle. Money is gone.