Aim: Share price: 65p
Bid-offer spread: 64-66p
Market value: £76.7mn
- Free cash flow improving
- Potential for cash windfall in Mercedes class action
- Housing repair business booming
Liverpool-based Anexo (ANX) is a provider of a complete litigation claims process focused on the recovery of credit hire and repair costs for the impecunious non-fault motorist involved in a road traffic accident (RTA). It also has a booming housing repair business, and provides funding to support class actions against carmakers in relation to emissions cases.