RE: U S Listing11 May 2020 19:00
I'm just home ! , what a absolutely fantastic result today, so it hit £4.85p and then came off the boil, I'm glad it ended like that, it leaves a nice target for tomorrow morning, before it pushes past the £5 mark ,
It really feels very bullish NOW, "it's over the pivot points second resistance level at £4.65.800 " maybe £5.40p by friday,
Burford really could turn in a spectacular set of results in the next few years, leaving today's share price looking unbelievably cheap, the substantial profits coming from this historical depression may never be repeated , with burfords possible extra large profits setting it up for many years of lawsuit and litigation wins without extra financing, creating real substance and credibility to It's market image. Burford is by far the biggest company in this sector.
Nanoco plc is looking for finance to sue Samsung for patent infringements on its cadium free quantum dot technology, nanoco have a very strong case in my opinion, as Samsung has paid out hundreds of £ millions in infringement settlements to date, I believe burford is the only company that can handle this big case, as it will be expensive, the rewards say "33% " could give us a very large pay back, nanoco will announce who's backing it quite soon, I strongly suspect It's Burford backing them, we'll see ? I know a lot about this lawsuit case against Samsung, and it looks like a straight forward win in my humble opinion.
Burford will have It's pick of the best and safest lawsuits, and that possibly equates to substantially higher future profits.
Roll on the USA listing please.
It's the stock market and absolutely anything can happen here,
So always please buy with extreme caution and due diligence, only buy what you can afford to loose.