Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Some one made some big doh here, probably big seller dumping, MM ditch the SP to get buyers in to hoover up.
Oculusprime?
Will it take 2m, or 3m, have you tried this amount
FFC,
I’m confident the current price is at good bet. Bought in myself last week at £8.20 and £8.12.
What did BooHoo pay per share ?
I presume they invested having some information on the companies financial position
Seems to have lost its fizz
I agree. Caution and patience are required here, this could well be a trap and the SP could head down considerably.
Buys or sells ?
Just read this article, I was in a fairly positive frame of mind before reading this.
The SP now predicted to take further declines.
I wonder how low it might go
Re your comment on sp dip, 5% down in US.
The price could quite easily go back down the 6/7’s before we get the final judgement. My thinking is that if Preska invites oral arguments the sp could slide until a judgement / settlement is made. It’s been a good run in recent days, but can it keep rising ? Let’s see what happens this week
GTX,
Let me assist with the maths here……..
Current share price £8.69p. + £12.60p. =. £21.29
Yes that is a nice price
FFC , if you’re on Google. Share prices , I have a feeling there’s a problem with their system,
Try investing.com
TTT, so if you think Burford will sell out to a Hedge fund or similar, how much do you calculate Burford would get in a settlement, and what is your estimate in the SP with this settlement concluded ?
Some bad typos in last message, sorry, now corrected……..
Don’t forget Putin, Covid cases going up, a Black swan event could be triggered anytime, Burford is a high beta stock, we might not have News from Preska for 2 months
Don’t forget Putin, Covid cases going up, a Black swan event could be triggered anytime, Burford is height beta, we might not have News from Persia for 2 months
Wouldn’t mind seeing the 6’s again and is possible , particularly during summer trading, where trading volumes dip. We are also in a very fragile market, where unpredictable forces could drag the market Dow. Anyway I have a war chest ready if we go that low, and if it does dip significantly again before we hear the great news, I do believe this could be the last time we will see the SP at these recent levels.
GTX1,
Yes you are correct, this extract is from Econo Journal (Argentine paper) written 2 days ago………….
What does the statute establish? It defines a series of schemes to calculate the price of YPF in case a shareholder acquires more than 15% of the company's shareholding package. On that basis, he maintains that the highest price that emerges from the calculation formulas is the one that must be paid by whoever wants to take control of the oil company. By May 2012, when the renationalisation materialised, the valuation of YPF would have reached US$ 19 billion if the highest price resulting from the formulas included in article 7 of the statute were taken. That is, following the logic of Burford's reasoning, Argentina would have had to pay US$ 19 billion to avoid an eventual claim by Petersen Energía in the order of US$ 3 billion.
The link to the full article…….
https://econojournal.com.ar/2022/07/solicitan-una-nueva-instancia-procesal-y-se-demoraria-el-fallo-burford-por-la-reestatizacion-de-ypf-cuales-son-los-escenarios-que-enfrenta-la-petrolera/
Pymydams,
Yes I agree it’s waiting game. If you can wait another12 months, I believe it will be worth your wait.
As Mr. Bogart said in the recent shareholder call;
The SP should get back to the heights of 2018 , but did not state a timeframe
FFC,
So if it’s not 12m
What is your estimate ?
Accomp, do you mean $1.3 B ?
I would be surprised if a decision is made today