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It’s an anomaly. No trades.
I am currently nursing NMC wounds, but I think ESL could be the recovery story of the year, and based on revenue could deliver 100p, given how bad it looked at 71p
I think I said 13p earlier, hope I am wrong but 2-3p a day is the trend here. Only 25% damn.
More RNS. Been good so far when these come out!
Must be some demand then.
No need!!!!
I agree. This is moving in a very controlled way, to attract II’s. 4 rns’s. I thought 13p, but thinking now serious investors are coming in now it’s not a free for all. 16p looks reachable for sure
This looks good. Two price extensions to clear the decks, and a steady position above £13 now. Very orderly. Just do that for the next couple of weeks and we’ll be at 40p in no time!
I think 13 is the price today. Steady 2-2.5p per day. Note the RNS about price monitoring extensions. They are acutely aware of volatility, which will put off ii’s until it stabilises a bit.
The appointment of a debt restructure specialist to unravel £335m of possible liability, plus firing the directors who didn’t report properly is the prudent thing to do. It doesn’t mean NMC will be bankrupt. How can you trust a board who have misrepresented their shareholding’s and in the case of the ceo, allowed it to happen. Given the allegations were in the MW report, it’s a stretch believing that the II’s would have boosted their holdings without taking a very close look. The accounts were audited, nmc were already under the microscope since the £43 highs. Complex and creative accounting doesn’t mean bankruptcy. Let’s hope they are making the money they say they have been.
Indeed, great note. The only people who have said it’s fraud, are those who have a vested interest in it being fraud. It’s a stretch to assume that this is fraudulent, without the facts coming out. Governance and reporting issues absolutely, and creative accounting. Shareholders likely to take a Bath but the times and telegraph are sensationalising this with input from jefferies who have always hated NMC. As for not paying staff, that could be admin, or it could be worse, but surely no staff would have been paid and we would have heard a lot more by now, and they have probably been paid now. Take your side positive/negative. Hopefully not 100% loss!
There will be news issued, but I agree, radio silence from here!
Tinatots, this was set up in the summer last year? Or am I missing something.
It’ll finish 10p dead for sure, ish.
Sorry I meant £200
Two hours ago it was 9p. It’s currently 33% up in a day and now staying above 10. If it finishes above 10, that’s a good result. 11 would be great, there is every chance of that too! Without new news, this is cheap all the way up to £20. Not much going up today.
This move back to £10 repeated has to be big sells, pi’s don’t hold a share like that.
Heading up.....deja vu. Must admit a lot more orderly than yesterday so far!
Sitting at 10 like it did at 8. Order filling/selling again. Should be free shortly hopefully!
In view of this looking very similar to yesterday, might take some of the gain out at about 12 if we have II’s looking to do the same as yesterday, which is wait for a big spike and hype and dump it back down again. Did the same thing all week pretty much.