Noble's business has been cui for 5 straight years. i believe there is an issue with the management, whcih permeates down and into the business units. at the risk of being accused of flogging a dead horse, the way the management handled the AGM-refusing questions, being dodgy and seemingly annoyed at almost everything, portrayed a very negative image.
i think felix raised a good point. Noble's market cap is no longer that huge anymore. I'm not saying it will happen (in fact, I think it's an off chance), but if SGX does remove Noble off the index, confirm chop massive selldown.
