Public bickering between Noble and Goldilocks benefits no one

NOBLE Group's war of words with its third-largest investor Goldilocks Investment Company has reached fever-pitch this week.

Noble chairman Paul Brough on Wednesday released a second letter to shareholders in eight days, while the group on Thursday issued three separate announcements within the span of 12 hours.

One dismissed the Goldilocks lawsuits, a second debunked Goldilocks' claim to represent other shareholders, and a third - a letter by the financial advisor to its ad hoc group of creditors - showed support from its creditors for the restructuring plan in spite of the latest roadblock from the lawsuits.

For almost every statement by Noble, Goldilocks has also issued its own reply.

The tussle is likely to come to a head on Friday, when the court is expected to make a decision on Goldilocks' request for an injunction on Noble from holding its annual general meeting next…