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...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OBL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
88.0¢ |
Change
-0.070(7.37%) |
Mkt cap ! $248.6M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | 95.5¢ | 87.5¢ | $316.7K | 348.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112606 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 652 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |