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Renegade,
Looks like we’re on the slip slidy this morning.
Not sure why but someone’s taking yesterdays profits
I’m going to have a glass of Sherry to celebrate
Nice rise today
BlueWiley,
You suggest £13 to finish today.
We have had a one year high of £13.88 so it could well finish up there, let’s see what happens when it opens stateside.
If Milei doesn’t keep to his word he will have lost all credibility before he gets going
I am in the camp of thought that Burford should not negotiate any reduction of the settlement figure.
We go full out for the maximum we can get.
TWT,
I am not aware that shorts have increased ?
Be specific,
Source ?
Date ?
By how much ?
Bluewiley,
I would be interested to know a little more on your thoughts with regards Fa to the various dates/trigger points that would lift the SP from its current level to £20
Or £13.94 UK pound, that’s crap
JAMMY,
Just read the link ….”After adding the cash payout expected from Argentina we can compute a fair value per share of around $17.5.”
Looks pretty grim, was expecting a bit more
Just had a look at Simply Wall Street website valuation for Burford.
Fair value is £3.09
Vs current share price of £10.68
246 percent overvalued according to them, must put some off even though I don’t believe it
FFC Is £26 where you think it should be ?
Judge Preska is seen to be playing fair; but at the same time she is tightening the noose.
I’d rather wait for the low 20’s again before dipping in again
For those following the arbitration case with Energy Transition Materials (formerly Greenland resources)
The following link is an interesting read.
The litigation funding is fully funded by Burford (Subsidiary)
https://etransmin.com/asx-announcements/
The arbitration is expected to conclude in 2025
11 Billion being sought in damages.
https://impactpolicies.org/news/328/etm-sues-greenland-for-11bn
DP, what about the Greenland case ?
Another multi billion case that has been mentioned before, an article today refers to Burford funding
https://www.innovationnewsnetwork.com/the-kvanefjeld-project-potential-world-class-supplier-rare-earths/39520/
Https://www.reuters.com/legal/argentina-urges-us-judge-put-161-billion-judgment-hold-2023-10-27/
I don’t think Argentina are in a position to make decisions at the moment. Elections today, then they will need to install a new government. I think Judge Preska’s timing is perfectly planned to work with the new government. I ammo expert but I don’t think Judge Preska would target any specific Argentine assets herself. Any decisions made by Argentina will need to be passed through government including the payment of a bond.
The key dates have been posted by Sebastian MARRIL. Sometime in November should show something happening unless it goes to trail without a bond !
A lot of dreamers and schemers posting on here.
If there is going to be interest from a potential buyer, we will find out. don’t hype a load of rubbish
Share price likely to get another lift with BOE rate decision this week ?