Transitioning the company into what exactly than other paying higher interest rates ?
The recent move into corporate debt collection is a high cost and low margin business .
This company has had two decades to find a business model that creates a regular consistent income and has 20 years of transitioning !
The problem is the business model is way too reliant on Government interference in terms of restricting litigation funding . Australia is a case in point in the way Government policy has interfered with the business here .
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Last
$1.44 |
Change
-0.020(1.37%) |
Mkt cap ! $413.9M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.46 | $1.43 | $147.9K | 102.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3703 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| OBL (ASX) Chart |