NMC Health (NMC) announced late yesterday that it was “not in a position” to oppose successfully the court application by Abu Dhabi Commercial Bank to have the company placed into administration at today’s hearing. In other words it is game over...
Hat tip to reader RT with this link, Abu Dhabi Commercial Bank (ADCB) which has a reported $981 million exposure to NMC Health (NMC) has applied to court to have NMC placed in administration, apparently to safeguard the future of the company, according to Reuters. Well, whatever – but it looks like game set and match to bear raider Muddy Waters.
You cannot say that myself and Nigel Somerville have not warned you repeatedly and so anyone still owning shares in Finablr (FIN) has only themselves – and folks like ShareSoc and the members of the deadwood press who effectively batted for this company by attacking & smearing bear raider Carson Block – for their losses. The IPO in May 2019 was at 175p. Today after a partial ‘fess up the shares are 9.97p. Ouch.
Even the journalist smearing PR mothers at FTI consulting could not polish the steaming turd that was today’s 4.11 PM update from the, until recently, FTSE 100 member NMC Health (NMC). The level of fraud is staggering.
Yesterday (natch, after hours, at no-one is watching o’clock) came the bad news from NMC Health (NMC) which saw it Game Set and (almost) match to Muddy Waters. Now shares in NMC have been suspended. Has Muddy Waters moved from 5-0 up in the third set to match point?...
Saddo ninth rate hack Mark Shapland of a local paper in England, the Evening Standard, has just retweeted the tweet below claiming he has an "exclusive". Does this fucktard know what an exclusive is? It is not a story that appeared elsewhere the day before.
The Evening Standard man is not very bright and still does not understand the import of today's Muddy Waters Burford (BUR). Look at the tweet exchange below. Would you believe I wasted 20 minutes of my life answering questions about the dossier from this ungrateful knobhead today?. It is not the first time I've helped him but with no grace to credit, it will be the last. I also look at First Derivatives (FDP), discuss the very low grade lawyer's letter I received today, look at ADM Energy (ADME) and at the comedy show that is Providence Resources (PVR)
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