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@ambitious.1 It took me a fair bit of work to understand the...

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    @ambitious.1 It took me a fair bit of work to understand the value in this one, but I can see it now. Very nice find. I'm a former shareholder of IMF so I have some understanding of this type of business, but I had to separate MML from the litigation funding side and value them separately before it became obvious. Unless you want to ascribe a negative value to the litigation funding business, this looks very cheap. If you assume for a moment that the litigation funding business is only worth the $16m it was trading at before the acquisition, my FY16 valuation is looking at close to $50m all up...
 
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