re: Ann: New Funding Agreement - PIF v MFS an... IMF continues to build a strong list of cases that it is funding. Even if it loses afew cases, which is probably inevitable, the length and strength of its case list should see healthy returns for a while to come. Plus, the business model means that the costs paid on loses are much smaller than the share of the compo when IMF wins.
Share price might have been a bit high at almost two bucks, but it fell too far to fast. Divs were at 11% plus at close on Friday. Even if the current div is halved, its still a sweet little earner.
re: Ann: New Funding Agreement - PIF v MFS an... IMF continues...
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