Apologies the formatting of that post came out terribly. But you get the gist of it.
Litigation finance is still a very lucrative industry and uncorrelated to the equity market / economic cycle etc so very attractive.
If their is a silver lining for shareholder its that this move to funds management model has allowed OBL to scale up their platform (by platform I mean the platform that sources litigation funding assets). This is a good platform (the platform can be improved operationally - that's a separate discussion) but poorly funded business which is why the share price is where it is. I think it can turn around.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.46 |
Change
0.000(0.00%) |
Mkt cap ! $419.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 541 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 696 | 1 |
View Market Depth
| Last trade - 10.52am 29/07/2025 (20 minute delay) ? |
| OBL (ASX) Chart |
Day chart unavailable