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.
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$1.11 |
Change
0.075(7.25%) |
Mkt cap ! $313.6M |
Open | High | Low | Value | Volume |
$1.05 | $1.12 | $1.05 | $376.9K | 343.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.12 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2000 | 1.100 |
1 | 1948 | 1.095 |
2 | 5148 | 1.090 |
1 | 1948 | 1.085 |
1 | 937 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.115 | 500 | 1 |
1.120 | 1461 | 1 |
1.125 | 1461 | 1 |
1.130 | 1461 | 1 |
1.135 | 1461 | 1 |
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