any comments, thoughts, on this stock.

does Marconi still have a ghost there also?

Today's fudged support "Gov Bond" lifts shares 46% - Wow!
Quite a contrast against FTSE falling 5% under worries with US recession spectre.

Maybe this is not time to short this stock . . . with some life in the Old ex- Mutual, - - - - or Not . . . . .

Nationalisation announced, is this the end of the road for NRK or will this "phoenix" rise from the ashes?

Help what happens now i hold 14000 shares

You get compensation for your shares, but it might be 1p each.

Thanks for the good news my friend

Investors would be offered compensation for their shares set by a Government-appointed arbitration panel which decides on a fair price. But shareholders, including two hedge funds, could launch legal action if they are unhappy with the amount offered. Shares in the company are trading at less than 100p although the two hedge funds have reportedly written to the Treasury calling for 400p a share in compensation.

A legal fight ahead for compensation might take 2/3 years it did with Railtrack.

So if like i have bought in at @ 1.45 each does that mean i would be in profit or is that me living in a dream land , like when i bought them thinking they would at least double . Lesson well and truly learnt me thinks !!!!

what would be an avarage estimate of commpesation that could be offered, is it likely to be less than the current share price or is it likely to be more that 2 or just in between.

Cant see how the hedge funds can claim compensation when they bought shares in a bank which was known to be in financial difficulties, thats just speculation not investing.

Let's have a poll on the matter:

4+
3-4
2-3
1-2
50p-1
25-50p
10-25p
1-9p
<1p

1p to 9p if your lucky.

Does nationalisation of NRK means shareholders have lost all their money?...it has been suspended today.

hedgefunds who kept buying will have done their bollox ..... ordinary shareholders may get a nominal amount, but would not bet on it and probably not for many many months

Totally agree. Shareholder's compensation is a v low priority.

bet there'll be some hedgefund managers looking for new jobs - prob as shelf-stackers!

Do you mind I used to be a shelf stacker..!

If you got caught in this then my sentiments are you have yourself to blame... Shareholders have known the risk for sometime. Government priority is depositors funds and keeping the business running. It was rumoured that the Virgin offer valued shares at around 25p each, even so shareholder compensation isn't likely to announced soon. Like the government say 'business as usual' until I fear the government either announces Nationalisation or a sale. No doubt it'll be in a hurry to announce either and will play the 'temporary nationalisation card' as its doing to buy further time and hold onto investors money.

Wonder if the hedge funds and other major shareholders will sue

SUE WHO us the good old tax payer.