any comments, thoughts, on this stock.

before the share price crash, lloyds TSB were sniffing round in secret. And if the BOE had made money available in secret, the shares would still be around 7 or more. be patient and value will return. i remember British steel crashing to 4p a few years ago and the company was done for. Id didn't tak elong before they were 50p and birg profits for patient shareholders.

and what about those whose bought Eurotunnel or Marconi?

A bit in the limbo now, cynic. Are you still holding on?

yes i am ...... see no reason to think other than what i did when i went short

CE of virgin money on working lunch talking about NRK.

he sure ain't going to say, "Frightfully sorry all you shareholders, but you will end up with bugger all!"

Hmmm not 1 mention of shareholders.

The shareholders will be the depositors when it reverts to being a building society.

will they? ...... and even if so, at what price per share (effectively)?

ZERO!

quite possibly, which is why i am happy to be short

205p now...looking quite dormant for the past couple of days...probably hibernating for the winter.

admittedly from a biased position, i am truly amazed that sp remains as firm as it does, especially since today's revelation that NRK had to borrow yet a further 3bn from BoE ....... bet you couldn't borrow 3k that easily from your own bank!

Obviously the market still beleives there's value here or it wouldn't be holding up.

The market is rarely wrong my friends. ;-))

that is the only worry, though BFC stood firm for a long time at around 12/14 before the plug was finally pulled ...... anyway, shall continue to run short protected with guaranteed stops

BFC was a slightly different prospect to NRK, cynic.

You are right to place guaranteed stops, however.

I was led to believe the Market was never wrong. Can a seroius comparison between NRK and BFC be made? Is it true that the more money you have in something the less likely you are to accept the loss despite bad news and does this thinking happen to the really big investors? Would NRK borrow these sums of money today anyway from other banks which we wouldent get to hear about?

Resignation of Chairman Ridley saves him further embarassment, perhaps we will hear something about NRK's future next week.

Both companies ran out of cash, albeit for very different reasons and on very different scales. Whether NRKs net assets prove more attractive to potential bidders than in the case of BFC is yet to be determined.

only point i was making was that while BFC was at 12/14 Barclays (investment arm?) was buying like crazy ...... Barclays was also BFC's bank, so you would have thought there would have to have been some sort of x-pollenation.

anyway, market seems slowly to be agreeing about NRK, or at least sp is slowly slipping south