Opinion
The obscure US financier backing the ASX’s hot stocks
LDA Capital is the go-to financier for a handful of speculative ASX plays, and its model is now being embraced by local funds.
Jonathan ShapiroSenior reporterWhat do you do if you’re a small listed company with big ambitions to finance but only small investors backing your vision? One solution is to call Los Angeles investment firm LDA Capital.
No matter how small, speculative or even tarnished a prospect might be, LDA Capital appears willing to provide a healthily sized equity financing package that can be tapped in all market conditions.
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