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...
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Last
$1.16 |
Change
0.020(1.76%) |
Mkt cap ! $329.2M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.19 | $1.14 | $233.7K | 200.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4877 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 2014 | 17 |
View Market Depth
| Last trade - 15.34pm 02/10/2024 (20 minute delay) ? |
| OBL (ASX) Chart |