Litigation Capital Management Limited (LIT) ORD NPV
Litigation Capital Management Limited (LCM) is an Australia-based litigation finance company. The Company is primarily engaged in providing disputes finance and risk management services. It operates through two business models: direct investments and funds/asset management. LCM's investment strategies include single-case funding, portfolio funding and acquisitions of claims. Its single-case funding includes investment in a single dispute globally. Its portfolio funding involves the provision of a financing solution and risk management tools for a bundle of separate disputes. Its acquisitions of claims include investment in smaller disputes through the acquisition or assignment of the underlying cause of action. The Company's product includes fully financed litigation, litigation finance for companies, funding for international arbitration, law firm/portfolio funding, disbursement finance, security for costs and judgment enforcement funding.
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Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.