You are here

Noble Group's shares and bonds continue in freefall

Analysts cut their target price for its stock; some ask about Noble's ability to continue as a going concern

Noble's founder Richard Elman says the company might regain profitability in FY 2018/19, but analysts say it may take longer.


SHARES in Noble Group continued their free fall on Thursday, as analysts hurriedly slashed their target price for the stock following the firm's shock loss for the first quarter.

Its bonds followed a similar trajectory, tumbling on fears that the commodity trader might...

Market voices on: