Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ok so from my rough calculation using an average of 7% interest gives Burford between 4.8 & 8 billion to their bottom line before negotiations. Let’s assume for guidance purposes they discount by 50% in a settlement agreement that a minimum payment to Burford of 2.4 billion& 4 billion. Oh my god this is better than I thought. Tomorrow morning should be special, can’t wait.
Yes agree with all you said. The logical approach for me if the news is big that they stop trading for a few hours. But of course I don’t know that. Either way my money is well & truly in so no difference for me . Personally think we won’t hear until after mid year results. Surely they will be Stella so momentum will build for a while. Happy days at last I hope
A trading halt is a temporary suspension of trading for a particular security or securities at one exchange or across numerous exchanges. Trading can be halted in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch, due to regulatory concerns or because the price of the security or an index has moved rapidly enough to trigger a halt based on exchange rules. When a trading halt is in effect, open orders may be canceled and options still may be exercised.
I agree with the huge opportunity and yes I topped up at 770 so very happy however still struggling with the 3 year thing. As the figures must include cases that will be outside the 3 years . Unless you are saying those that are outside that will be offset from other cases they invest in & win over next three. That possible but the $2 million figures will include stuff that won’t we ‘won’ for 4,5 or more years yet