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In USA its Otc. Over the counter. So person to person thru broker. Dow down 1100 points and we still managed to stay at £6. Lets hope by the time they open caronas taken a break. The freeh report isn't worse case. Results decent. And we start on 700p. I sold tullow at 43p to come here. And thats also going down the pan with the rest of the world so all in all il be pretty much where I woulda been had I managed to sell this at £6 today.
Thanks Tina coming from you that’s a compliment. I’m only here cos you make me feel normal ;)
As a LTH on Hurricane I have learnt the meaning of sitting back and hoping which is all holders here can do for now. This video posted about a number of long suffering HUR LTH's with Adoubleuk in the role of Hitler certainly raised a smile there, and could equally apply here; enjoy!
https://www.youtube.com/watch?v=N0SBlkK8pss
Re other chat board which I don’t post on. The language sounds very familiar to a poster on here later proven to be lying. £24k is a big debt, but if it’s that bad you get an IVA, pay off a few £100 per month and move on and if you have family you keep your house too. I hope it is sick bulls hitting, some of the comments on this board have not showcased many in a good light. Trolling. Good luck all.
Lol yeah I think they’re at 50c
Ignore what I said. Tw*t gave me wrong info.
Bonds are slightly up at 77.3, higher than all time low 73.57 but lower than all time high 90.85
US reaction is expected due to fear of suspension. But a good reflection how UK would have reacted today by dropping it nearly 30%. Suspension was in the best interest of everyone. Let all the bad news come out, straighten the ship and reopen.
And the ADR too... now 612p
Just taken from the fin times online , i believe how the debt trades over the period will give us an idea of the situation.
https://www.ft.com/content/46f9dd0c-593b-11ea-abe5-8e03987b7b20
While NMC's shares are suspended, the group's debt is still freely traded and plunged in value on Thursday. The company's $360m convertible bond was trading at around half of its face value on Thursday, according to several brokers, having falling from 75 cents on the dollar on Wednesday.