Apologies the formatting of that post came out terribly. But you get the gist of it. Litigation finance is still a very lucrative industry and uncorrelated to the equity market / economic cycle etc so very attractive.
If their is a silver lining for shareholder its that this move to funds management model has allowed OBL to scale up their platform (by platform I mean the platform that sources litigation funding assets). This is a good platform (the platform can be improved operationally - that's a separate discussion) but poorly funded business which is why the share price is where it is. I think it can turn around.
OBL Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
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