Nmc Health Muddy Waters

In a lengthy 3 500 word statement published after london.

Nmc health muddy waters. We are unsure how deep the rot at nmc goes but we do not believe that its. Muddy waters strikes again. H ospital operator nmc health has hit back at claims of financial mismanagement made by hedge fund muddy waters as false and misleading. The health care company s financial.

All it takes for donald trump to declare war on iran is a single tweet to his 70 million twitter followers. Now muddy waters carson block is digging into uae based healthcare operator nmc health with his first damning report wiping nearly 2 billion off its market value. Nmc health plc shares tumbled the most on record after the hospital operator became the latest target of short seller carson block s muddy waters capital llc. In its report muddy waters raised concerns about overpayment in nmc s 107 4 million investment in the redevelopment of nmc royal women s hospital and purchase of premier care home medical and.

Nmc listed out factual. Mw is short nmc health plc nmc ln muddy waters research mw is short nmc health plc nmc ln we are short nmc health plc. Shares in nmc health sank 37 in london on tuesday after carson block s muddy waters said it is shorting the stock because it has serious doubts about the company s. Undisclosed share pledges intensify questions about true debt levels nmc ln february 10 2020.

On tuesday american short seller carson block s muddy waters raised serious doubts about the company s accounts questioning the group s asset values and cash balance. Yesterday nmc issued the latest in a series of confusing disclosures about its controlling shareholders ownership and pledges when it disclosed that 19 0 million of its shares are potentially subject to undisclosed share pledges. Muddy waters known in financial markets for declaring short equity positions on the basis of its in house research said nmc s reported cash balances could be materially overstated and said its.