What are we looking for in announcement?
For my mind
Growth in WIP over billing: we must allow for this given lockdown induced delays in 1H- the lawyers would be working from home and teleconferencing with clients (which of course runs up their bill), but court delays and specialist delays (remembering the bulk of revenue comes from issues with medical involvement) may lead to a drop in cases settled and fees paid.
CA revenue - not too sure on this but I think the bulk of impact from Ethicon will come after the court decides on the damages payable.
Forward planning - looking for confirmation of the growth plan especially knowing that ethicon (which Shine was very risked into) has come off.
Div growth - also tied into the derisking provided by the ethicon win.
Hoping to see value investors pile into this stock and hopefully drive towards $2 in the next 12 months.
What are you looking to see?
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