Public bickering between Noble and Goldilocks benefits no one
Putting aside the noisy posturing and finger-pointing, all parties ultimately have a common interest: ensuring the continued survival of Noble
Add BT as a preferred sourceNOBLE 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.
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