LCA 0.00% 91.0¢ litigation capital management limited

ReXXar I think you are making an error somewhere in your...

  1. 636 Posts.
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    ReXXar I think you are making an error somewhere in your calculations.
    Where are you getting your numbers from? If you check the prospectus section 4.8.

    "LCM received an aggregate amount of $23.6 million in respect of the above Litigation Projects, on Invested Capital of $10.3 million, achieving a Return on Invested Capital of 2.3 times across this portfolio of Litigation Projects, with an average time to Completion of 26 months.

    (b) Fund 2 performance
    Fund 2 commenced in March 2012 and the last Litigation Project in Fund 2 completed in June 2016. In aggregate a total of $1.75 million was contributed by Unitholders and a total of $5.21 million was returned to Unitholders."

    For what its worth this lines up with other listed players including IMF, Burford etc.
 
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