Burford Capital16 Aug 2019 11:08
Burford has achieved an awful lot in the last ten years since it was incorporated. However in that time it has kept with the same board of directors. These corporate governance changes announced yesterday will help propel Burford on to a much higher level entirely, especially if Burford acquires a NYSE listing. This will bring its own challenges for the board and management but I'm sure they are very capable people.
The recent upheavals will allow true LTH's a chance to average down.
On Wed I increased my modest share holding from 500 shares to 2,000 shares and now have an average buy price of circa £11.
I will continue to hold this share and expect it to get back to £20 levels last seen only a year ago. However this will take time and people need to be patient.
Always DYOR