A UK based company that invests in insolvency and insolvency-related claims, engaged in acquiring and funding insolvency litigation financing
27-Jun-2019 – 527p – £229m – PER 31.4
Maiden Results For The 12 Months To End March 2019 – Ahead of expectations, Revenue up 30% (from £10.6m to £13.8m), PBT up 85% (pre IPO costs), Maiden Dividend 1.49p, Investment cases up 72%, Cash at £9.7m.
First coverage here, looks good – Will be looking into this in more detail.
Subsequent note: I opened a long position here in July.
20-Sep-2019 – 485p – £211m – PER 23
AGM Statement – Invested in 60 new cases (59) and completed 18 (12).
I am Long here and this looks OK to me, I will see how the market takes it.