If you’d invested in: Burford Capital and Plant Health Care
Brexit is expected to be good for business, with Burford Capital saying there is “likely to be more litigation” as a result.
Burford Capital (Aim: BUR) is a litigation-finance firm, which provides funding for businesses who want to pursue legal claims. The company has offices in New York and London, and is listed in London.
Income rose by 88% in the six months to 30 June, with operating profit up by 117%. Brexit is expected to be good for business, with the company saying there is "likely to be more litigation" as a result. Shares are up by 135% in the last year.
Be glad you didn't buy...
Plant Health Care (Aim: PHC)
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The company has "a history of losses since inception, anticipates continuing to incur losses in the future and may not achieve or maintain profitability", says the latest annual report. In the year ending 30 December 2015, Plant Health Care made a pre-tax loss of $7.6m. It now hopes to raise £7.6m in a share placing. Shares are down by over 80% in the last year.
