Litigation finance provider Burford Capital (LON: BUR) has an impressive share price record since flotation a decade ago, and it is still around six times the original placing price, but it has fallen sharply over the past month. A report by a short seller has knocked the share price of the AIM-quoted company.
The share price slumped 516p to 605p having fallen the day before, and this is barely much more than one-third of the price less than a month ago. The stated NAV is $7.17 a share, so the share price is still trading at a small premium, even after the fall.
Muddy Waters published ...