Could be somebody saw NEN management looking very convivial in a meeting with a potential purchaser of the US assets, or with a potential underwriter for a crap raise. However IMO this one got away way too far - could have THed within the first hour, as it was obvious something was out, even if just a rumour.
I prefer not to blindly accept the "conspiracy type" rumours . . . as it never works for me as far as trading is concerned. Definitely would not be suggesting that anybody is wrong however to lack trust.
I sincerely hope all the suffering shareholders get a good chance to recoup some losses.
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