LCA 0.00% 91.0¢ litigation capital management limited

Kain, I don't think that would be too big an issue. While LCA...

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  1. 644 Posts.
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    Kain, I don't think that would be too big an issue.
    While LCA might be listed in pounds its revenue stream is where ever the cases they fund are (AUD for the $120m pipeline) but moving into Asia / UK / Euro going forward. Kind of like buying CSL which is listed in Australia (AUD) but doesn't "devalue" when the AUD drops.

    In a strange way it might also be beneficial if they raise a lot of debt in pounds which is their intention. Their debt would devalue but less so their revenue stream. Either way its not something that I worry about.
 
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