I'm not convinced that the returns from litigation funding are there anymore. OBL, which is a flagship company in the sector, conservatively run and well diversified, is doing a good job of proving that the returns aren't there. Maybe they never really were, but the sector just became the flavour of the month asset class for a while.
If that's the case, then the relentless flow of capital into the sector will come to an end.
Oversold ? Possibly. A long term buy - I doubt it.
I'm not convinced that the returns from litigation funding are...
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Last
89.5¢ |
Change
-0.010(1.10%) |
Mkt cap ! $262.0M | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 94.5¢ | 88.0¢ | $1.248M | 1.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1703 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 11556 | 9 |
View Market Depth
| Last trade - 14.51pm 27/05/2024 (20 minute delay) ? |
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Last
90.5¢ |
Change
-0.010 ( 0.35 %) |
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| Open | High | Low | Volume | ||
| 91.0¢ | 94.5¢ | 88.5¢ | 143631 | ||
| Last updated 15.06pm 27/05/2024 ? | |||||
| OBL (ASX) Chart |