LCA 0.00% 91.0¢ litigation capital management limited

Ann: Admission to AIM and First Day of Dealings, page-58

  1. 636 Posts.
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    I might take the morning off.  Still my biggest holding.

    Seriously though reading through the result the investment thesis now (at $1.50 equivalent) is very different to when I bought (average 65c). 

    This is no longer an under valued, under appreciated stock trading at a discount to NTA (when valuing the litigation assets correctly).  The market is expecting strong growth as they grow out their regions which is not without its risk.  I will exit this stock over the coming weeks but its been a great result for the portfolio. 

    Good luck to holders because if they get the model right internationally there is an extremely long and profitable runway for growth. 
 
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