Member Info for Renegade

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Argentinian negotiators representing the government of the climate science denier Javier Milei have been ordered to withdraw from the Cop29 summit after only three days.

On Wednesday, representatives from Milei’s government were ordered to leave the Azerbaijani capital. Speaking to the Guardian, Argentina’s undersecretary for the environment, Ana Lamas – the country’s most senior representative on the climate and nature after Milei dissolved the environment ministry – confirmed the decision, which was first reported by Climatica.

“It’s true. We have instructions from the ministry of foreign affairs to no longer participate. That’s all I can tell you,” she said. Lamas said the decision applied only to Cop29, when asked if Argentina was planning to leave the Paris agreement.

There are fears that other countries may leave the international climate agreements, including those led by climate deniers such as Argentina. On Tuesday, Milei spoke with Trump, after which Milei’s spokesperson said Trump had told his Argentinian counterpart he was his “favourite president”.

I wonder why?

https://www.theguardian.com/environment/2024/nov/13/argentina-withdraws-negotiators-from-cop29-summit

It will be very interesting to see what the yanks think of this when the NYSE opens - after we've had the results RNS. They were buying heavily on the NYSE last night before this latest news appeared.

The U.S. Department of Justice (DOJ) is expected to submit a Statement of Interest tomorrow, Wednesday, in the Turnover Motion tied to both the YPF expropriation case and the Bainbridge Fund defaulted debt case. This is not related to the Alter Ego, the appeal, or the $16.1 billion ruling. It is part of the enforcement of both judgments.

Twt,

Erm! What am I not seeing here?

investors.burfordcapital.com/stock-info/dividend-history/default.aspx

Hi Twt,

May I please ask where you read that from? I was reading the 8th Aug 2024 RNS and read the record date as 01 Nov 2024 and so believed the Ex date was indeed today?

Twt,

In essence:

Declared interim dividend of 6.25¢ per ordinary share payable on December 5, 2024 to shareholders of record on November 1, 2024.

Which makes it Ex-dividend day today.

Ex-dividend day today.

That's more tax income for the money grabbing Labour Government. Grrrrrrrrrrrrrr!

Thanks twt.

I've got 1.27M.

Twt,

Agreed. Looks like 9.60p ish is our support for the moment. With 3Q23 now over we could see upward traction from here on in until the US election and our 3rd quarter results (1st week in November?).

Volume up in the US at the moment, could be shorts closing?

I managed to pick up a few more shares earlier today. V happy going forward. Will buy more on any future dips.

Mr Marroc,

Clutching straws more like. The increasing interest payment on our recent court award win keeps on growing by the day.

On Friday, all parties will present their final arguments in the YPF Expropriation Case appeal. A few days later, the Second Circuit Court of Appeals will announce the date of the hearing where the three judges will face Argentina, YPF, and judgment creditors for the first (and likely last) time. I don’t expect a ruling until mid-2025.

Posted 2:50 PM · Sep 3, 2024

Dagoberia,

https://www.marketwatch.com/investing/stock/bur

Scroll down the page and you'll find it on the left hand side below "KEY DATA".

Shorts gone down in the USA. Thing are looking slightly brighter.

In recent days, YPF judgment creditors, the oil company, and the Republic of Argentina have been filing numerous briefs (I have not published them) in Judge Preska’s court, showing an increase in the level of confrontation between the parties. In my opinion, this is likely to irritate Preska due to the lack of resolution in the case and the absence of constructive dialogue between the parties. Griesa redux.

Twt,

Following yesterdays trading in the USA (2.33M shares), I wouldn't be surprised to see the next short reporting figure (currently 2.45M shares) to reduce in the next 10 days or so. Onwards and upwards from here on.

MarketWatch is saying volume was 29.73M. Nasdaq.com says 29,729,377.

Planit,

Yes, I can see that on my chart. May have already hit a Fib line at 1117p though. The two major supports that were in place before yesterday have not held.

Onward and upwards. Lol.

Judge Preska asks Argentina and YPF judgment creditors to appear in a pre-motion conference on May 28 to present their arguments for and against compelling Argentina to produce documents concerning the Republic’s current relationships with certain SOEs.

Twt,

Trading was as expected. MM's struggling to get a grip of the SP early doors. Tried to buy in moderate chucks but often went to negotiated trades. Yanks took their time but a drop was inevitable as they digested the figures. IMHO, the immediate SP predictions are still uncertain. Bogart calm and pretty much unfazed by the whole issue. Staying put for a while until things settle. Hold that page until next news.

Hope that you took advantage of the drops?

Well, a mixed bag of buying for me. Well below my Saturday 1180p forecast.

Happy days I hope.