Noble Group "Collateral Margin Call"

Noble Group, Asia’s top commodity trader, has endured short selling attacks from the likes of Muddy Waters LLC and the anonymous Iceburg Research. With its stock value cut by over ¾ on a year over year basis, and bouncing near all-time lows, along comes a new report from researcher Simon Jacques calling recent actions a “collateral margin call.” Moody’s Noble Group Rating Although it has made its loan payments, Noble Group’s commodity-based assets used as collateral have been significantly dropping in value, the report said. It is against this background the stock trading near 0.40 cents after starting 2015 at $1.16….