Like a yo yo. Going in the right direction though. Gold is holding up. Government is looking for £130bn emergency health financing and budgetary support from the World Bank. Hope this doesn't delay any funding for TK.
Will all that cash they should have been able to keep the company going by investing in the bond market for a few months. I cannot see how this company will fold. They could have even paid me to short a few FTSE companies over the last couple of weeks. Hope we can progress but loosing the AIM tag is going to be tough.
If it were KPMG financially auditing then there would be no hope as they have been under the spotlight for a long time with various issues and at least one Aim company suspended never to see daylight again. I see it is Ernst and Young, but the Nursing and Midwifery Council also do auditing and there is an amount of overlap, which could also be a good thing. Well that's my bee in bonnet still buzzing.
Bog 'No one invests on aim who knows what they are doing' ???? I would say there are more people dabbling on FTSE stocks as they think they are safe. Historically there are companies ahead of the curve starting on AIM. You have to be one of those people who can look at the product and see if it will have value in years to come. Intelligent tech, clean energy and companies capitalising on commodities. I am in on this but worry about the incredibly high float which means accountability is difficult.
Well this is awkard, NMC say they cannot independently verify major stake holders holdings? I thought all shares were legal transactions with registered brokers. You can't just say you own a share and entitled to a dividend you have to have electronic or paper verification from a brokerage.
Yes it is interesting how folk like Richard Branson who are dyslexic seem to have the golden touch. My last job I wrote all my own quotes, but everything had to be proof read just to make sure no little errors crept into the text. And as you will have guessed, the job paid a pittance.
Small top up for them this week. Black Rock shifted 1m of bonds onto the market. Marshal Wace mainly reducing long positions. Morgan Stanley having a possibly profitable day trading session. Tomorrow another day.
I hope your all are enjoying the stream of regulatory info falling into our laps.
All these bonds coming out the woodwork are making NMC look like very shrewd business players. I assume institutions bought them sometime in 2018, hardly likely to be converting them ATM. If they decide to convert then the stock is waiting on the bottom shelf ready for collection. Not all bad news here.
Looks like they are expecting take off in the long term, but look at those put options they are hoping to cash in. Those exercise price with regard to put options look worse than my trading. Did Nick Leeson get a job with GSI?
If you check on short tracker looks like ???????? AQR have a minor short. They have bigger short positions in many other companies. However Barclays have just declared that they have approx 7.2m in short positions. Obviously if this goes back up to £9 then the will be closing. Did anyone else know this?
I did give them a few quid when they had the begging bowl out for that listing last year. You have to hope that people use your money for the best. I haven't a clue what is going on but bearing in mind I was always pessimistic any news of where Directors holidays and lavish parties could at least explain where the investment ended up.
I am not on Hargreaves, they have their own problems with their own share price. This is a different ball game. Even investment banks arn't sure what they are supposed to be doing. Somehow the Financial Times is getting more right than wrong. Some of us have learnt from experience, I wonder what Mr Freeh is going to report about?