Member Info for Dannyspaniel

Quite simply, whether this company makes £250m or £350m it’s worth a damn sight more than £8. It’s been shorted before, and has to repair its reputation. This is not something that can be done in 8 weeks. However, if it sorts itself out, comes clean on issues and a plan to fix them, the confidence will return. It’s making money, there is no accusation of fraud, just creative accounting, and nothing illegal. NMC will come out of this a wiser and more robust company. It’s just a question of whether you look at Tesla or Tullow!

Unlikely

Some profit taking most likely

Been here before, but that’s a big bounce considering SocGen downgrade.

Wish I bought on Monday and not at start of Jan!!

https://www.investopedia.com/terms/l/low_volume_pullback.asp

Helps explain why the share price can move so much on low volumes

Well done you. Hopefully we will get at RNS tomorrow if a band has been given.

I would say Krupa have been pretty transparent all the way through. At least they are happy to speak up.

It’s a regulatory requirement for firms to disclose interest as in a bid situation

On the basis it’s done the opposite of what I thought since last Monday, I’ll say it’s going to collapse. Thank me later!

Indeed. Q turned dark for a while! Good to see some positivity back. IMHO I think this will test the late 7’s again, but don’t see 6. Visibility of holders is helping a lot.

£15

I agree. This has flushed out a number of companies who age acquired large positions while shorting at same time. I don’t think there is any danger of this company going bust, but it could take a while to recover. I bought a lot at £10, principal holding much higher. Could do with releasing this at £10+ to trade this down!

Their objective to keep the share price down so they can hoover up the shares, is that about the size of it mafioso. Anyone who bought in less than a week ago is down, seems like they are shaking panic sellers and playing the long fame?

As I have said before, I don’t think they have been completed = spoofing.

Ok, don’t want to over egg the pudding, but why did none of the after hours buys of £25/44m last week show up on the following days volume??

Tricky to explain a fall of 15% and 20% (Friday) when buy/sell even without manipulation somewhere. Oddly pricey went up when buyers were higher yesterday. Do you not think this could be artificial in some way???

Just thinking aloud. Burford trying to get a list from LSE of companies with positions in order to identify fraud/manipulation. Nmc think the same is happening, and hey presto, here is a list of firms with exposure......

Hi Harrier!
Have a look at my post history, and the share movement last week. I have been watching this closely, and there were massive drops of up to 15% in fifteen minutes several times last week at exactly 130. I also think spoofing was going on, as lots of phantom buys and sell orders which never executed.

Anyone predicting a drop at 130, it happened a lot last week??

It’s clear from these RNS that there are some significant ii stakes in NMC. The noise we see today is simply on the back of traders/shorters making mountains out of molehills with every piece of rumour out there. The ii’s won’t let this go cheap. We just need as much news as possible so the truth can outplay this ridiculous volatility on rumours and spin.