Litigation Cap. Share Price (LIT)

For an example on how NOT to run a litigation funding business, look no further that Omni Bridgeway. Trading like its going out of business. I understand they have different fund structures to LCM, but i found it telling that they are up to fund 6 and cumulative performance fees to date are only ~$14M. LCM has previously charged a $15M performance fee on a single investment.

back to LCM, Queensland Energy class action goes to trial at the start of June. Do they settle prior to trial???

Not sure what did you tell us? We all know it is undervalued if that's what you mean.

What did i tell you.

I will make that one easy.

Lcm will 93 pct of cases.

Lcm are funding pat

Pat have huge tier1 gold.asset taken by gov of india

Indian press is saying it is worth 1 bn usd. Broker is more conseravtive at 750m usd.

Company trades around 15m usd so 50x if they get broker estimate.

Investors are waiting to find out the size of the claim.

Normally these mining litigation assets trade up to 20pct of claim value, however a final decison takes 3 to 4 years.

They might settle early

Bobby..take a look at PAT long old story on it..but rns give most info.