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TWT being a but older right now I’d like it to drop a yard or two rather than a centimetre, lol
But it hasn’t dented sentiment here fortunately 😊
Bloody predictive text eh
To help fund the long term incentive plan as per the RNS on April 10th
We all need a “ pat on the back “ sometimes
Does anybody know the reason for increasing the quantity of shares?
Whether or not its a small quantity, perhaps the market worries that if Bur are willing to use dilution now, might they dilute my stake further in future?
Must say, I'm a little annoyed dilution has been used, but I have no idea why and perhaps there is good reason? Either way I'm a long term investor and still believe in the potential, so I'll be holding.
I’m in two minds if this adding to share pool had anything todo with the drop.
It is not generally something the market encourages and often a drop in centimetre does happen when it does occurs.
It’s not a lot of shares in the grand scheme of things, not like what TUI done.
I see it as an opportunity to add, as future still looks very bright. Shorts may have played on it, as it is confusing.
Strangely enough my Wife went to Burford ( in the Cotswolds ) today and visited her favorite garden center , Fortunately she only came back with the odd treat and not natural substances for the roses .
Ffc,
Today’s Stock Market News
Helium was up
Feathers were down.
Balloon prices were inflated.
Pencils lost a few points.
Paper was stationary.
Fluorescent tubing was dimmed in light trading.
Knives were up sharply.
Cows steered into a bull market.
Elevators rose, while escalators continued their slow decline.
Light switches were on and off.
Weights were up in heavy trading.
Mining equipment hit rock bottom.
Caterpillar stock inched up a bit.
Shipping lines stayed at an even keel.
Hiking equipment was trailing.
The market for raisins dried up.
Coca Cola fizzled out.
Tea and Coffee both cooled off.
Sun peaked at midday.
Batteries exploded in an attempt to recharge the market
Toilet tissue touched a new bottom.
Nappies remain unchanged.
And finally,
Burford did what Burford did and will do whatever it wants to!!!
Ah I had forgotten about that , could we get another drop on Wednesday then ? thoughts anyone ????
Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that, in connection with the Burford Capital 2016 Long Term Incentive Plan (the “LTIP”), it has on April 8, 2024 issued 533,066 new ordinary shares, no par value per share (“Shares”), to satisfy the vesting of restricted stock units pursuant to the realization of awards under the LTIP on March 31, 2024.
Application will be made for these 533,066 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc. The expected date of admission is April 17, 2024. These 533,066 new Shares will also be listed on the New York Stock Exchange.
Following the issuance of these new Shares, the Company’s issued ordinary share capital is 219,849,094, of which 669,947 Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 219,179,147 after giving effect to this issuance of new Shares. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Doesn’t compare to over the water but 940k shares traded here which is quite high compared to normal ! I would like to add so a timely drop early doors would suit me please ! But hey I’m a patient man( needed to be ) so prepared to wait .
MarketWatch now showing traded volume as 1.91M shares. SP looks to be holding.
Gulp!
Excellent
😂😂😂😂😂😂
Forensic,
No they didn't take Molot, they took Javier Milei.
Lol.
WTF !
Did they take Molot as hostage ???
Yes me too TWT I’m not as panicked as I would have been a few years ago especially as we had an awesome run heading north , but it’s still a massive drop over two days ???? For me the trouble now is I was hoping for 11.50 but the greedy me is now wondering where the bottom really is ?
Ffc,
Looks like that 3rd gap just filled. Taken more shares too.
Onwards and upwards from here Rodders!!!
It is one hell of a drop in just two trading days. Hold on to your seats.
It will recover in time. i have seen this happen a fair few times with this stock.
Wow ??????
Now I’m getting worried?
Might wait for news now tbh
Ok apologies, have looked back at last years it looks like mid May hopefully
Retail shareholders call to discuss full years results on 20th of June !!!! So have I misunderstood as I was expecting results a day or two earlier ????
Yes Surfie, should of!
With 735K shared traded in the US in less than an hour, makes UK look like a laughing stock really.
We seem to have equal buy/sell for this to just be 1.4% down in US.
Twt,
Yes USA shorts maybe key here. My chart showed further major resistance at 1216p ish which I thought might hold. We may see that 3rd gap fill sooner rather than later now. This is Burford after all!!!
Holding funds back just in case we do drop further - bwtfdik?
DYOR.
Guy this is going to look cheap in a year or two so what’s not to like but I have to say even b4 Friday I’ve been hoping mid 11 s to place some of this years isa ? That said I’ve I’ve just revisited fever tree as a small short term play so hoping for a retrace there before this get to where I’d like it ! I’m so over weight here already so either way I’m happy
You should have stuck to your guns TWT, I wish I had sold last week.
Looks like its being shorted to me. Keep a close eye to see if shorts increase in a week or so. Takes time for the data to update.
Your guess is as good as mine. May early to mid. I was looking to be back in before 9th May. As my aim was to Bank as much interest on cash as i could.
The volume puzzles me. This can still go either way in the very short term.