SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock

 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext  
To: Michael M. Cubrilo who wrote ()5/8/1998 11:13:00 PM
From: Michael M. Cubrilo  Read Replies (1) of 248
 
The company has about 16 million shares outstanding. A recent arbitration ruling has ruled in favor of NMO against their former CEO who controls just over 5 million shares. The judgement was for the ex-CEO to pay NMO $100 MM or face forfeiture of the 5 million shares. Either way, this will be a HUGE boost to NMO's earnings, and stock price.

On May 6, Altamira released news that they had acquired over 10% of NMO's shares on the open market. Strong endorsement.

mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext