Musings.29 Jan 2020 15:45
Just trying to piece things together. NMC have been quiet, however they have not done anything to add fuel to the fire. They refuted comments, alleged collusion, and appointed independent review. They are now doing what they said they would and placed half a billion with II’s. Everything in between, broadly, is speculative investors. However, the cash position is the one red herring. Is there something to hide, or more likely, a successful cash position would boost SP in the short term, making shorting more attractive, exactly what happened after the indie review firm was announced.