Nmc Health Share Discussion Threads

[dragonheart1] 13/3/2020 20:48

I still feel all is not over yet. These will trade again and recover! Only time will tell! Things could really turnaround here, new board, CEO, rescue by Mubadala and UAE gov, debt liability lies with shetty and Butti’s, takeover bid from one of the 4 interested parties since mess clears. If board didn’t know anything of it and didn’t approve it, and most likely shetty and his buddies used that money to fund other companies and fill their pockets, how is this debt legal??? Don’t think NMC is liable for it, it’s a fraud and surely they need to sell Shetty and Butti’s other companies/assets and payback the banks that money. Also, why would lenders lend such a huge amount without proper due diligence and board approval??

[dragonheart1] 13/3/2020 20:45

No time limit!

[jasonblue66] 13/3/2020 19:12

Question. Any one know if there is a time limit for shares being suspended ?

[jasonblue66] 13/3/2020 19:10

Info released stated at the earlier end of April when the yearly accounting ta could b finalised, but may take longer...id like to know so I can stop checking daily on this bloody share!

[goliard] 13/3/2020 19:08

The Russel announcement is irrelevant. It is just about what index it might be in depending on value when / if it resumes. Nobody knows when or if it will trade again or what price.

[jasonblue66] 13/3/2020 19:08

I'm afraid that answer contains the words 'piece - string'

[turvart] 13/3/2020 19:02

I know this might sound like a stupid question but does anyone have any idea when this will be out of suspension?

[jasonblue66] 13/3/2020 17:46

You gotta supply more info than that if you want to be taken seriously , back it up or explain why you think he would buy it.Might as well say mike Ashley is gonna buy it.

[eentweedrie] 13/3/2020 17:37

nah - why buy now when they can strip assets from the administrators and not take on debt?

[nael2020] 13/3/2020 17:24

taking over of the whole NMC or just emerged ( taking stakes % of the company )

[asif1230] 13/3/2020 17:09

AL FUTTAIM will buy it. You heard it here first.

[ham74] 13/3/2020 16:44

When I could contacted the law formate hi told me it was only for buyers of the ADRs. Let me know if you hear anything different.

[nael2020] 13/3/2020 15:48

ADR for NMC so far is 4.2$ 200% up

[nael2020] 13/3/2020 13:36

Hopefully one day the same will happen to the NMC

[dragonheart1] 13/3/2020 13:27

@Nael - like they will save NMC?

[kemche] 13/3/2020 13:23

nael, because they will be saved by the UAE possibly?

[dragonheart1] 13/3/2020 13:21

A few questions on class action.

- is there any point?
- can you join the US class action if you are based in the UK?
-if you bought and sold stock multiple times before it was suspended and lost money, is there any point putting in original price in the form or do they divi up the money based on number of units you actually hold?
- can you join multiple class actions or only one?
- do we need to pay the lawyers anything or do they take it from the company settlement if there is any?

All serious responses welcome!

[nael2020] 13/3/2020 13:14

FIN -Finablr which is the sister of NMC company is 300% up from 4p yesterday to 18 p today , any idea what is going on ???

[jasonblue66] 13/3/2020 13:03

To the back of the class for me...lol

[monte1] 13/3/2020 12:46

‘hand’ in?

[jasonblue66] 13/3/2020 12:45

She did say she liked fisting a lot, but only does it part time ...just in keep her in

[monte1] 13/3/2020 12:43

A freebie?

Even better.