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A bit of tangent but I see Argentina have made official their desire to join NATO. Significant IMO to ourselves as a clear sign that they wish to align with the West and not China, Russia etc.
https://www.nato.int/cps/en/natohq/news_224873.htm
I don't think it can all be attributed to macro events. Seb has posted...
“What's happening in Preska's court is very interesting.
On April 1st, judgment creditors submitted a motion under seal. We can see this event in the docket but we don't have access to it. YPF and Argentina oppose this document being filed under seal and want the judge to unseal it. Judge Preska will soon decide whether to lift the confidentiality order.
However, on May 16th, Argentina will submit a document opposing the content of the aforementioned document (but wants the discussion to be seen by the public).”
It would seem YPF related to me. Wish I'd sold my full trading pot (and more) but heyho. I'll be watching and awaiting more info before buying the trading shares back.
Regarding Thursdays presentation, as a reminder, here's the previous transcript. Let's hope we continue in the same vein...
https://seekingalpha.com/article/4649938-burford-capital-limited-bur-q3-2023-earnings-call-transcript
I read the link and what Poolfax posts would add up with the fall, what you posted previously and yesterday's late RNS. What they posted about Burford isn't from their link and that's what interested me. Why would you inform the market of your intention to buy them back? That doesn't seem like a smart move; it's only going to serve you if you plan to sell more.
Google "New York moves to rewrite law on sovereign debt default recovery"
My reading is that it will only affect bond debt raised in NY and this nothing to worry about. I have however already written to Robert in IR and will share if anything of note
Gtx1 - The writing style of you and Rabc are exactly the same and you even sign off your posts the same! I'll leave it to others to check out the similarities and decide. As for my mood I still remain in a good mood, despite your efforts.
I'm going to park this as this is the Burford thread and would rather that be the topic for discussion