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"He who shouts loudest" bla bla or it will get swept under the carpet
lets protest outside the LSE or EY
Just joined
Unfortunately the quite ones get ignored .
"He who shouts loudest" bla bla gets heard first
Direct action protest out LSE head office or EY. otherwise swept under the carpet
i just did it ADzy add another 92k was 100k when shares suspended
Same with me Mr D just looking for any silver lining .
Yeah i know
But kinda just hoping Mr D
Well i guess at least they are doing something beside putting NMC in administration .
Mind you with the Corona virus around not an option for the UAE to shut its medical infrastructure down
Beggars belief
yeah on friday i was down 1400 then ten minutes later cashed in a 400 profit ,mad . think i am going to make lots of small bets on the peaks and troughs . Made about 200 trades on IG last week but made 5k
Hi Mr D
After massive loses here! at least made 5k following the markets spread betting last 6- 7 days . Do we think down next week ?
Thats my thinking with some short squeeze on the US market.
They treated the BOD as cabbages and with complete disdain .
Some might say they just took the bucks what qualifications or experience the Lord had is beyond me ! just selling his title
Looks like NMC preparing the ground to deny any liability whatsoever . Then the UAE fund can buy it out hopefully.
That would be nice for share holders
Yes we agree ....... hurrah
I guess the 64000$ question how much is NMC liably for.
Rastus they may not be monthly board meeting that is kinda irrelevant, some companies monthly some bi monthly some every quarter .
NMC did have regular board meetings to sign off the business thats the point .
Rastus
I do not think i misrepresent your comments its plain to read on you 10.19 post about the company secretary you're implication is clear to all !
Rastus
Watkins group company sec is still working at NMC issuing RNSs not fired or on sick leave so i dont think he signed the loans off as per your post 10.19 today.
On my second bottle rant over
So Rastus
We got Mark Tompkins and experienced investment banker (chairman no less) ,dont tell me he did not know every scam and rule going the chairman acts as the policeman controlling the CEO .
We got Bomford ex EY ,their guy on the board ,trust me these guys new nothing about the 2.7b extra loans .IMO
Usually a QC or lawyer or investment banker accountant .
rastus
How big were the companies you were an exec on and did they borrow sack loads of money . When you sat on the board you passed the financials every time you attended a board meeting . You borrow loads of money the banks like investec sit on your board and get copies of the board papers its kinda what investment banks do !
logically and legally ( surprisingly the law follows common sense ) firstly the guys who took out the loans and then guys who made them would be liable . IMO
Rastus to be clear
Banks expect and require board pack updates signed off by the whole board which include the financials .
Rastus
If the company secretary signed off like you suggest, he would have to be pretty stupid not to have it raised at the board meeting and in the board pack which is sent to all major loan holders banks "fact" enough said . Part of the the terms from other banks includes attending board meetings and receiving the board packs to check on their loans . Board packs are kept as evidence by banks. Major company like this would also have a QC or top lawyer on the board.
If not i guess it would again be fraud as our board have no knowledge of the loans .
Yeah i sat on a Ltd company board for years .