LCA
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0.00% 91.0¢ litigation capital management limited

Yes I have spoken to Patrick previously and your right they will...

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    636 Posts.
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    16/06/17
    15:59
    Post #: 25321572
    Yes I have spoken to Patrick previously and your right they will need more capital which is what makes LCA a harder investment proposition. Agree 100% on the costs side. Debt isn't cheap at this end of the market - if you look at the interest rates JKL are paying....yikes. I'll post some more on it when I get some free time (maybe Sunday).
    As an aside I am going to pop an email to IMF re: how slow the cases are coming through vs budget ($120m) or vs Burford when they are now effectively capital unconstrained (a great position to be in).
    LCA Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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