Member Info for NGR1616

Im not interested in regurgitation Ddubya…..everyone has made their positions clear I think. Only time will tell who’s right or wrong.

Shut up in the back!

Troublesome, TG2D upon hearing the settlement….

https://www.instagram.com/reel/CuS2Q07osOm/?igshid=NjFhOGMzYTE3ZQ==

I was referring to the vagaries of the market but I don’t expect everyone to understand.

There was a significant portion of holders expecting a different outcome-a gamble on the rumour indeed. When the disappointment arrived many have admitted here and likely across the market to selling their stock. That happened quickly and the market makers who make money on the spread were lapping it up. Hence the share price dived. The settlement is now in the past with zero chance of that changing.

No one is betting on future litigation against other infringers.

No one is betting on commercial orders….it seems there are no new investors encouraged to take a stake in Nanoco so either hold or sell.

But every day, going on about how you got it wrong is as boring as hell and simply plain stupid.

The EGM……… which you will now go on claiming the results weren’t the results as presented and instead represented something else. You’re also I note expecting something different to happen at the AGM.

You speak for the vast minority and usually it’s utterly useless. I do read your posts actually just for entertainment. I actually ticked up your post the other day just to embolden you further to see what claptrap you’d churn out next…..

Your [sic] not worth reading.

You are always ignoring the fact that change has happened. Money is coming in and orders too hopefully soon. That’s the very definition for Nanoco where before neither was the case. You have no patience or concept of what’s happened or happening. Zero.

Glad to see you’re finally grasping it

If you two muppets can’t see the similarities then there’s fk all I can do to help you. What’s happening between Burford and Argentina is exactly what you predicted would happen here were Nanoco to ‘win’ . Samsung appeal and then comes more legal costs and no cash added to the bottom line. So it’s entirely relevant to illustrate how a settlement removed various risks.

Further to my previous post about Burford winning in court I listened to todays earnings call. In relation to the 'win' they commented that the Argentinian Govt has indicated that they will appeal and effectively two thinks are happening with that process.

1. They have not reported the win on the books due to the risk of appeal

2. They won't be discussing the appeal process which could take time unless there is a negotiated settlement.

So the was a brief spike in the share price, in many ways as there was with Nanoco v Samsung but the money itself will not be realised for some time during which funding legal costs will increase. The only positive is interest will add up assuming the appeal fails....

No. Only speculation. Troublesome can now enlighten us all with one of his original thoughts on the matter…..[searches AI quote generator]

Behind paywall but the headline is promising...

"https://www.cnbc.com/2023/09/13/a-16-billion-lawsuit-payout-is-going-to-send-this-one-stock-soaring-analysts-say.html"

🥱

You talk complete irrelevance TS.

Flying Higher I think we are in agreement. Many (but not all ) suspect Nanoco were hasty but the implications of a 'win' doesn't always mean you get the outcome you desire, at least not without significant delays and costs. And it may have ended up being very underwhelming after appeals were heard and awards perhaps adjusted or indeed a settlement reached post award to bring matters to a close. Or indeed a total loss.

I've been invested for a long time and have bagged after averaging down. I'm simply being pragmatic.

The amount BUR get will be substantially less than $16bn but I'm sure you know this. Institutions want risk free investing and there is still risk here. So any investment will be speculative risk based and therefore not 'massive' otherwise it would be happening already. The market has already digested the findings and the chances of settlements etc. It's going to take time but it will happen based on the ruling, its just a case of for how much and when.....

"In the Petersen case, Burford is entitled by virtue of a financing agreement entered into with the Spanish insolvency receiver of the Petersen bankruptcy estate to 70% of any recovery obtained in the Petersen case. That 70% entitlement is not affected by Burford's spending on the cases, which is for Burford's account; it is a simple division of any proceeds. From that 70%, certain entitlements to the law firms involved in the case and other case expenses will need to be paid, reducing that number to around 58%.

Burford has, however, sold 38.75% of its entitlement in the Petersen case to third party investors, reducing Burford's net share of proceeds to around 35% (58% x 61.25%). "

Just 'won' a substantial case where they are entitled to several billions of a USD$16bn case against Argentina worth multiples of the mCap of BUR after funding the plaintiffs.

The CEO commented [my summary] below:

--The case is being appealed.

--There is the possibility of a total loss.

--There is also the potential for a negotiated settlement which will likely include a discount.

--In the meantime legal costs continue and are expected to be significant.

The BB has some familiar language as was evident here post settlement. Some were expecting the SP to magically double overnight and yet its only up around 17% post win.

It's down 5% on open this morning after being suspended Friday.

No doubt people will rip this post to shreds whilst ignoring many parallels. I'll not be responding.