RE: Next week7 May 2020 20:21
I have instructed my broker to make that vote , they stated it might be tight to get that vote in , even if they can get it in, though I'm not to concerned as burfords institutional holders alone should ensure everything gets passed , I could be wrong so please everyone get on to their broker's please.I
Burfords share price is trapped in a charting range and basically controlled by serious speculative day traders, they are make a killing from our share yoyo moving share price, this normal gyrating pattern has no correlation to what burford is going to achieve in the near future , business wise, what's going to propel the share price upwards to £8/£10,
The near future and the constant RNS posting of lawsuit wins, it won't be long before we get that confirmation of the recent settlements receipts of money coming back to us in the hundreds of millions of pounds, we know that's coming ok,
we then have the Volkswagen case, that's again virtually money in the bank.
Does anyone actually think the American stock market would put burford on a PE of 6 by the time we get all this good news that's coming our way, I'm 100% bloody sure we won't, this stock will be prized in the states, getting the opportunity to get in on massive Lawsuit cases and settlements, the opportunities are absolutely enormous, the workload from this monumental depression should increase /3/4/5 fold , the extra funding will be found ok, the finance world will queue up to lend us the extra money, we have the experience and legal knowhow and they have the need to make money. A mutually acceptable arrangement. What our share price does now is nothing to what it's going to do when we list in the USA , the American stock market will gorge itself on our shares, leaving very little for a free float, and that means a much higher share price, next year or even late this year our dividends may even resume, as burford may understand the full impact of the pandemic and recession on the company.
Loads to look forward to, and a proper pricing of burfords potential and shares in the USA.
DYOR, WARNING, never ever buy or sell on any posters hype or companies ramping or deramping.
GLA