Member Info for Shakeyerbooty

So SLIM have acquired 2800 policies with a face value of $2.9bn.That's an average of $1.035m per policy.Big numbers indeed.There's no doubt this is a huge industry and we have first mover advantage in being the only listed company on the UK market.

Thought it was 75% Degsy (i.e 3/4).

Remember that DS has previously stated that when they buy a policy,they aim for an Internal Rate of Return (IRR) of 15-16%.Big margins here.This is just the start.

Nice news.Something tells me that due to the DW tweet yesterday,we will get more news shortly re a contract with an Asian company.

Wilfrid4412-Read the RNS 8/6/18 and then listen to Danny Swick's podcast with Justin Waite.

Ah! Speaking of a deramper who does not know this sector,dweebo appears having disappeared during the 60% rise.

Madgeboy-Whilst I partially agree ,why don't you add some balance to your posts? You only ever slag off rampers but never derampers.For example,Diamond Horse on Twitter was openly stating he'd taken out several shorts and then posted that DS had resigned.A clear and blatant lie to support his position.There are other lying derampers here and on Twitter.It's clear that lots have not done enough research and do not know how the Life Settlements sector works.
For the record,I have previously stated on many occasions that peeps should be prepared for volatility and IMO the MM's will test us,be it up or down.I am happy to patiently wait for contract news.
The fact that Devonshire Warwick tweeted that they had entered the Korean institutional market was significant today and that caused lots of buying.Then,unfortunately,we had a few idiots posting lies ala jt87.

L A to be exact.

Babbler-Stop babbling on and read between the lines.Seller out,Devonshire Warwick tweeting themselves about entering Korean institutional markets,DS presented on 10th Oct to 100+ South Korean institutions in LA,huge market etc.Nothing to do with ramping FFS!
Wolfie-think in dollars,DS does.The chatter is that more than one contract will come in quick succession.

It's NT on a regular basis here,despite the recent seller.Now that they're out/almost out,where will the MM's get their shares from when a contract lands? The small free float should ensure this gets to double figures IMO on a $50m contract.

We've already had one recently.This is Main Market,not Aim.Idiot!

Some interesting comments on Twitter re Devonshire Warwick tweeting that they've entered the Korean institutional market place.Now wasn't it just a few weeks ago that DS was invited to present to 100+ Korean investors in LA.

At the end of the day dweebo doesn't believe in Danny Swick-his choice.I do due to his past record.

wolfie-It depends what % we get up front and what p/e you want to apply eg. if we get say a contract worth £50m and we get 2% up-front (i.e £1m),then apply a p/e of say just 10,then that's worth £10m,then divide by 126m shares that gives a share price of approx 8p.That excludes recurring annual management fees,cash in bank,future potential etc.Just my thoughts.
I think the first contract under DS will give new investors confidence to invest in this Main Market stock which provides defence in a volatile stock market.The small free float will probably mean it will overshoot well into double figures.

Conveniently forget the 'sweet spot' at Balcombe,did you?

Just the one slice? Would that be Balcombe or Brockham,idiot.

Yet again,this poster whom I reported earlier today is insulting others.Is this really allowed on LSE?

No need to feel bad for me dweebo.There's also plenty of deramping going on,on Twitter (Diamond Horse,Share Profits etc),so let's get a bit of balance here.As I've said before it's risen because maybe the market liked the fact that we have retained the services of Devonshire Warwick,managed to attract a big-hitter such as Danny Swick,now funded,are Main Market,have a small free float and M/C and are the only listed UK co.in the life settlements sector which is potentially huge.GS has stated he is excited for the near term,so why don't you take your de-ramping BS elsewhere.

So the same goes for BS derampers appearing when someone's buying eh mibo?

I thought you'd had enough and had left us andy268.No such luck.No doubt you'll keep us informed whether it's going up or down throughout the day.Just to get some perspective here,we are still almost 50% up on the placing shares admitted on 1st October and are much nearer contract news.Sigma virtually out,so price has actually held up remarkably well.DS has big ambitions and I'm quite happy to tag along for the ride.Volatilty will come with the small free float,so the sooner peeps accept this,the better.