It certainly has run hard.
Nick Rowles Davies is a coup for us as he will have a lot of connections and knowledge to help scale this business. LCA is executing their business very well so credit to management. The next thing they need is scale (locking down the pipeline) and access to cheap capital (I assume we will see their first bond issue in the next 6 months).
As an aside I also see Ralph Sutton from IMF Bentham in the US has popped up at a rival firm (his?). It now looks like staffing issues were the reasons IMF were struggling to attract cases. It doesn't look to have hurt the share price though - maybe Mr Market is positive on the Wivenhoe and Westgem outcomes?
It certainly has run hard.Nick Rowles Davies is a coup for us as...
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