SHJ 0.57% 86.5¢ shine justice ltd

While I'm here I'll add this...

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  1. 178 Posts.
    lightbulb Created with Sketch. 10
    While I'm here I'll add this too:

    https://www.abc.net.au/news/2019-01-28/litigation-funder-in-australia-to-profit-from-royal-commission/10755130

    As the article discusses this competition among litigation funders should be a good thing for shine medium-long term. For the simple reason is that more competition obviously produces smaller margins of profit ( from a payout etc) for the litigation funders. This in turn should see the costs associated with CA's proceeding forward come down, meaning more cases will be viable and go ahead. Then logically this means more work for CA lawyers and greater demand and revenue for Shine's services.

    Speculatively this demand may even translate into lawyers being able to charge slightly more for their services - assuming the service supply of CA lawyers can't keep up with the demand short term.
    Last edited by MarkEvans: 28/01/19
 
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