Lawfinance Ltd (LAW)
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Movement
1 Year Return
Lawfinance Ltd Chart
| Share price | |
| Last | |
| Change | |
| Volume | |
| Turnover | |
| Market Cap | $32.77 million |
| Today's Movement | |
| Prev. Close | |
| Open | |
| Day Range | - |
| VWAP | |
| Historical Stats | |
| 52w Range | - |
| 4w Avg Volume | |
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| (delayed) | |
LAW Statistics
21 January
1,530 / 2,257
ASX Size Rank
1yr Return
vs Sector (1yr)
-37.01%
vs ASX 200 (1yr)
-57.31%
$32.77 million
Market Cap
Share Issue
1.17 billion
All Ords (%)
N/A
Short Sold
0%
Current Fundamentals
21 January
N/A
PE Ratio
EPS ($)
-0.005
Earnings Yield
-18.21%
NTA ($)
-0.04
0.00%
Dividend Yield
DPS ($)
-
Gross Div. Yield
-
Gross DPS ($)
-
Company Overview
LawFinance Limited (LAW, formerly JustKapital Limited) is a diversified financing business that specialises in personal injury funding in both Australia and the US. The group's business activities consist of Medical lien funding and Disbursement funding.
Former Names
terraplanet.com Limited (TPL), 06/06/2001; Terraplanet Limited (TPL), 15/05/2008; TPL Corporation Limited (TPL), 27/02/2014; African Chrome Fields Limited (ACJ), 26/02/2015; JustKapital Litigation Partners Limited (JKL), 02/02/2017; JustKapital Limited (JKL), 28/12/2018
Upcoming Calendar
| 26 Feb 2021 | Report (Prelim) |
| 30 Mar 2021 | Report (Annual) |
| 31 Aug 2021 | Report (Interim) |
Dividend History
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| No dividends paid in the last 5 years | ||||
See Upcoming Dividends for all ASX companies.
Announcements
| Date | Heading | Pages | File Size | Time |
|---|---|---|---|---|
Announcements provided by
Broker Consensus
The buy, hold and sell recommendations from Australian stockbroking firms are combined to form a "broker consensus". See the Consensus Data posts for more information.
LAW is not covered by a major broker,
or data from most recent compilation was omitted due
to not meeting QA guidelines.
Directors & Management
| Name | Title | Since | Bio |
|---|---|---|---|
| Ms Diane Jones | Company Secretary | Jul 2016 |
|
| Mr Anthony Murphy | Non-Executive Director | Oct 2017 |
|
| Mr Timothy Ian Mackenzie Storey | Non-Executive Director, Non-Executive Chairman | Aug 2014 |
|
| Mr David Wattel | Executive Director | Sep 2018 |
|
| Mr Daniel Kleijn | Executive Director, Chief Executive Officer | Dec 2020 |
|
| Craig Beatton | Chief Financial Officer | N/A | |
| Sarika Merchant | Chief Financial Officer - NHF | N/A | |
| Anthony Hersch | Chief Operating Officer | N/A | |
| Richard Cruz | Chief Operating Officer - NHF | N/A | |
| Dean Jagger | Company Secretary | N/A |
Director Transactions
LAW directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
| Date | Director | Type | Amount | Price | Value | Notes |
|---|---|---|---|---|---|---|
| 02/04/20 | Diane Jones | Exercise | 500 | $0.030 | $15 | Conversion of securities. |
| 02/04/20 | Diane Jones | Issued | 819,090 | $0.064 | $52,421 | Conversion of securities. |
| 13/03/20 | David Wattel | Issued | 35,750,000 | $0.054 | $1,930,500 | Issue of options. |
| 21/02/20 | Diane Jones | Issued | 391,183 | $0.064 | $25,035 | Rights issue. |
| 21/02/20 | Anthony Murphy | Issued | 440,000 | $0.064 | $28,160 | Rights issue. |
| 21/02/20 | Timothy Storey | Issued | 660,301 | $0.064 | $42,259 | Rights issue. |
| 02/01/20 | Anthony Murphy | Buy | +631,250 | $0.064 | $40,400 | Placement. |
| 23/10/19 | Anthony Murphy | Buy | +4,075 | $0.073 | $297 | On-market trade. |
| 22/10/19 | Anthony Murphy | Buy | +75,000 | $0.073 | $5,475 | On-market trade. |
| 09/10/19 | Anthony Murphy | Buy | +524,276 | $0.070 | $36,699 | On-market trade. |
| 30/09/19 | Diane Jones | Buy | +337,733 | $0.069 | $23,303 | On-market trade. |
| 19/09/19 | Anthony Murphy | Buy | +420,925 | $0.066 | $27,781 | On-market trade. |
| 12/09/19 | Anthony Murphy | Buy | +475,724 | $0.064 | $30,446 | On-market trade. |
| 04/09/19 | Anthony Murphy | Buy | +584,803 | $0.062 | $36,281 | Off-market trade. |
| 04/09/19 | Anthony Murphy | Buy | +765,197 | $0.062 | $47,473 | On-market trade. |
| 21/11/18 | Diane Jones | Exercise | 719,366 | $0.074 | $53,233 | Conversion of securities. |
| 21/11/18 | Diane Jones | Buy | +719,366 | $0.074 | $53,233 | Conversion of securities. |
| 21/11/18 | Diane Jones | Issued | 1,427,366 | $0.080 | $114,189 | Rights issue. |
| 07/11/18 | Timothy Storey | Exercise | 166,590 | $0.074 | $12,327 | Conversion of securities. |
| 07/11/18 | Timothy Storey | Buy | +166,590 | $0.074 | $12,327 | Conversion of securities. |
| 07/11/18 | Timothy Storey | Issued | 3,218,212 | $0.080 | $257,456 | Rights issue. |
| 06/11/18 | Anthony Murphy | Issued | 175,000 | $0.080 | $14,000 | Rights issue. |
| 31/01/18 | Timothy Storey | Buy | +634,955 | $0.079 | $50,346 | On-market trade. |
| 25/01/18 | Diane Jones | Buy | +74,637 | $0.077 | $5,747 | On-market trade. |
| 16/01/18 | Diane Jones | Buy | +633,363 | $0.086 | $54,298 | On-market trade. |
| 12/01/18 | Anthony Murphy | Buy | +85,000 | $0.082 | $6,970 | On-market trade. |
Shareholder Distribution
| Holding Size | 1 - 1,000 | 1,001 - 5,000 | 5,001 - 10,000 | 10,001 - 100,000 | 100,001 and over | Total Shareholders |
|---|---|---|---|---|---|---|
| No. of Shareholders | 36 | 17 | 60 | 298 | 294 | 705 |
Top 20 Shareholders
| Name | Shares | Capital |
|---|---|---|
| Citicorp Nominees Pty Limited | 145,513,561 | 16.30% |
| Mr Mark Siegel | 107,548,702 | 12.05% |
| Mr David Wattel | 107,548,701 | 12.05% |
| National Nominees Limited | 80,000,000 | 8.96% |
| Washington H Soul Pattinson & Company Limited | 43,750,000 | 4.90% |
| Australian Philanthropic Services Foundation Pty Ltd (APS Foundation A/c) | 20,000,001 | 2.24% |
| Barbright Australia Pty Ltd (Interquartz Super Fund A/c) | 17,672,933 | 1.98% |
| Mr John Herbert Bannister | 16,263,146 | 1.82% |
| Factotum Group Pty Ltd (Factotum Holdings A/C) | 13,987,542 | 1.57% |
| J F Byrnes Super Pty Ltd (Argoon Avenue S/F A/c) | 8,268,182 | 0.93% |
| BNP Paribas Nominees Pty Ltd (Ib Au Noms Retailclient Drp) | 7,947,192 | 0.89% |
| Prolex Holdings Limited (The PHL A/c) | 7,263,315 | 0.81% |
| Mr Jason Maxwell Yu | 6,500,000 | 0.73% |
| Factotum Group Pty Ltd (Factotum Holdings A/c) i | 6,012,458 | 0.67% |
| HSBC Custody Nominees (Australia) Limited | 5,955,429 | 0.67% |
| Hammond Royce Corporation Pty Ltd (Len David Super Fund A/c) | 5,850,346 | 0.66% |
| Mr Marinus Adrian Strybosch & Mrs Penelope K Strybosch (Strybosch Super Fund A/c) | 5,340,693 | 0.60% |
| Ratio Nominees Pty Ltd | 5,230,006 | 0.59% |
| Pick Management Pty Ltd (Pick Family Super Fund A/c) | 5,220,009 | 0.58% |
| Mr Ping Kin Yu & Mrs Wai Ying Elsa Yu (PK and Elsa Super Fund A/c) | 5,200,000 | 0.58% |
| All other shareholders | 30.42 % | |
The Top 20 Shareholders of LAW hold 69.58% of shares on issue.
LAW Share Price History
| Date | Close | Change | % Change | Open | High | Low | Volume | Turnover |
|---|---|---|---|---|---|---|---|---|
LAW Historical Data
Download up to 20 years of share price history.
| Year | Closing Price (30 June) | Last Trade |
|---|---|---|
| 2020 | $0.041 | 30 June |
| 2019 | $0.068 | 28 June |
Offical data as published by ASX. See more Data Downloads.
Company Details
Principal Activity: Medical lien funding, Litigation funding and Disbursement funding.
Incorporated: in NSW on 06/08/1999 as terraplanet.com Limited. Name changed to Terraplanet Limited (TPL) on 06/06/2001. Name changed to TPL Corporation Limited (TPL) on 15/05/2008.
Suite 2, Level 16, 56 Pitt St
Sydney NSW 2000
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