Noble Group

[BlueKelah]

CF appreciate your attempt to do some sort of valuation for us VB.

would say that like the many S-Chips and Enron, the thing to learn is that with a fraudulent company valuation is pointless.

I wonder who Enron owes the most money to, at the very end, usually its those people who gets first dibs on whatevers left, shareholders usually end up with nothing.

of course some big boss or company may see value and if they have insider knowledge that the true value is really worth it, they will probably come in to make a deal at a cheap price.

However if accounts are fraudulent, we will probably see more drops in share prices until it is no longer an index component.

If there is no investigation by regulator or whistleblower with concrete evidence, not much OPMI can do for now except cut loss or hold on and hope for some sort of rescue in the future.