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.
Apologies the formatting of that post came out terribly. But you...
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Last
90.5¢ |
Change
-0.005(0.55%) |
Mkt cap ! $255.7M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 91.3¢ | 87.3¢ | $1.079M | 1.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5590 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 17590 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
90.5¢ |
Change
-0.005 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| 88.5¢ | 91.0¢ | 87.5¢ | 276962 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| OBL (ASX) Chart |