Member Info for Dannyspaniel

Hostile buyout by Shetty??

We seem glued to £8, where is the volatility we have seen. I don’t pretend to understand it, but I predict a ton of after hours buys at £8.00 just like yesterday. Mm’s keeping it at that level.

Bring held at £8.00. Any bets on £33m of after hours buys at £8.00, finished at exactly £9.00?yesterday.

I have no idea whether this will bounce. I am long at £14, ouch. However, volumes vs sentiment have the potential to reverse quickly. Smelling blood can change as quickly as the wind. Tesla the most shorted stock in US history, now up 400% in 8 months. Accept this isn’t Tesla and the board are a different breed, but the company itself is well positioned. Remember, as a consequence of shorting it has lost 80% of its value from £40. Perhaps the board want to end this once and for all.

So are you positive or negative?

But it’s still very oversold.

It’s been dropping for 3 weeks with no news coming.

Why would they do that?

Panic selling or manipulation. I hope it drops 20% then we need a response.

No real change today.

A wise man once said, “life is a rollercoaster, you just gotta ride it”. If you brace yourself and see it through to the end you will almost certainly be happier. If you try to pre-empt the peaks and troughs, you may end up covered in vomit or having a better ride. Take your choice. P.s. Roman Keating was the wise man.

100% agree

Agreed. Probably 1080-1120 would be a sweet spot like today. I am staying still and holding. This went from 12-18 in Dec in two days

I think if you have faith in the results etc, I think you just need to wait it out and hold. At some point in the next 3 weeks this is going to bounce dramatically. Just can’t help thinking Freeh report will uncover some malicious practice against NMC. Explains their silence, why tip anyone off?

Still troubles me the closing price at exactly 900.00

If it was a buyout, then I think NMC would disclose based on previous form. NMC have previously stated (as have Burford) that active manipulation by shorters has taken place, so you may well be right. I don’t see an ii keeping it quiet as they would want to I still confidence and raise share price. Seems like unprecedented manipulation if you are right.

Maybe we’ll get the Freeh report tomorrow. Everything shoots up to £25 and we can end this debacle!

Maybe I’ll sell a bit at around £11 and buy it back later!

Don’t understand why share price is still falling given the size of these buys. Can someone explain it to me? How could the price be held this low for 3 days?

He is an existing shareholder/director, wouldn’t he have to disclose?