lets look at jct's post in a little more detail for the non-believers......
mbl get a quarter of nms when they underwrite the rights issue.
Q1. why agree to be underwriter to a 'dud' stock?
nms SP triples in a matter of weeks after mbl receive their holding, so how many do they sell to take profits ?
Q2. on 5/3 mbl update their holding notice due to the issue for purchasing subsea diluting their own holding......they havent sold one share......not taken a cent of profit......why do that ?
going back to Q1, why hold onto such a large holding that has made such a great profit, but essentially is a 'dud' stock ?
yeah sure they couldnt offload their entire holding and expect to get the same great price, but surely they could have offloaded several million without arousing suspicion......so why didnt they ?
MAYBE, JUST MAYBE THEY KNOW MORE THAN WE DO.
MAYBE, JUST MAYBE LANGE GAVE MBL SOME INCENTIVE TO UNDERWRITE AND HOLD ONTO THEIR STAKE.......I GUESS WE SHALL SEE.
goodnight.
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