Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I hope that the only thing shareholders need to do to remain in CREST or swop to the US - (DTC) is to contact their broker i.e. trading platform and ask them to do what they need to.
Silly of BUR to typically over complicate a simple thing.
If I'm wrong , perhaps someone can please state in clear English here what we are supposed to do.
I didn't expect the SP to go down today, (too much short term day trading I think).
t.w.t. Never in my wildest dreams would I call BUR a safe haven, from £20 to 2.60 after the MW attack IN 2 DAYS
And STILL it's languishing in the doldrums because of it.
It will take the US listing, staggering interims and more good news on cases to move this slug
I think that will happen, but there is an awful lot of people who are well out of pocket, so not a safe haven
I'm fairly new to TILS, and do not know how the 2 prices get resolved and would appreciate if some kind person could educate me. Question - If the US SP closes higher than the UK closing SP, does the opening price next day in the UK show the US price, (changed to £ sterling)?
Thanks in advance
The US closing price was $6.99 which is £5.35, so does the London open at that on Monday?
Shoot me down if I'm being clueless.
So up 57% in 2 hours!
Not often tech can't keep up with humans.....Wow this is a ride and a half!
The Sp is according to Interactive Investor at 15.51pm is 266.60 up some 40%
SP here is showing 230
is this just my screen? haven't seen this before!
The institutions will buy in big again, after results and US listing, this £4,5,6, nonsense is just the overhang from the MW attack when institutions pulled out through 'un-thought out fear' because MW had a good track record as did a lot of PI's. People trade this , good luck to them but long term hold, say another year from now at least £20 and probably a lot more as many more cases will have ended, money in bank and there is still the Argentina cases coming to fruition 2 to 3 billion dollars. So up yesterday, down today on small volumes, the institutions still not in - waiting for the results /US listing. They will pile in then.
For a while now Fin has been showing a 100% loss, but today the SP is showing 11.025 and a 40.53% loss, so a lot better than yesterday, but don't know if they can be sold, i rather doubt it.
Jefferies reiterates 'buy' on Burford Capital, says business needs no new capital
Analysts at Jefferies reiterated their 'buy' recommendation and 2,400.0p target price for the shares of the litigation finance specialist, telling clients that the company remained the long-term leader in that "large, under-penetrated" market, further highlighting the "attractive, uncorrelated" returns on offer.
According to analyst Julian Roberts, the Burford Capital's reporting of returns statistics was "accurate" and he had no concerns around the company's liquidity.
Roberts did welcome the recent governance changes announced by the firm, calling them "overdue", and said that more could be done on the disclosure front in order to rebuild investor confidence.
Nonetheless, he said that, despite the recent increase in the company's cost of capital, the business was "unchanged" and did not require any additional capital.
"We think the operational business and its prospects are unchanged from three weeks ago," he said.
Indeed, the analyst said his estimates were "nearly unchanged" and welcomed Burford's plans to pursue a listing in the States.
"We continue to see 2020 as an inflection year when balance sheet recoveries could overtake deployments (as was the case in H1 2019)."
In particular, Roberts highlighted how the underlying business was better understood by those who interacted directly with Burford, including its customers, lawyers and the judiciary - than by most equity or debt investors.
I haven't been following what's happening with FIN at all, just figured I would lose the lot of my fairly small investment or gamble should I say. A brief update would be great, besides saying that it is all in flux - which reading these past posts seems to be the case. very surprised there is a possibility of FIN trading again....
Is he still around and still pumping IQE? A one man band that drove the SP way beyond it's value and then it crashed of course and Sweeney disappeared . Not for widows and orphans. Bet it's way lower Monday.
and up 67%, my best holding...
Not sure how they did yesterday
Relax, traders, lth's and the world community is stressed its Plague time , the markets show the swing in sentiment in the human psyche to good and bad news, today is a bad news day unrelated to TILS, good news day and TILS goes north again. Algo's and auto trading distort it further. TILS is a hold .
I have been looking at the chart from 2003 to now, very roller coaster to say the least - but I'm not knocking it, sh*t happens in everything, and the area they are in is more wild than anything else. If anyone has any detail to history of this Co. I'd be very grateful to know -