Shares in Manolete Partners (MANO) are back in positive territory for 2020, after the market warmly received an update in which the insolvency litigation financier said case enquiries had more than doubled in the first four months of the year.
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More encouragingly – from an earnings perspective – signed cases are rising, too. While the 29 new cases Manolete agreed to fund in March and April matched the tally signed in January and February, total new cases for the 2020 calendar year are up 115 per cent year on year. That suggests the Aim-listed group is increasingly confident in its ability to increase capital commitments.
