Lawfinance Limited (LAW)
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Movement
1 Year Return
Lawfinance Limited Chart
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| Last | |
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| Volume | |
| Turnover | |
| Market Cap | $37.64 million |
| Today's Movement | |
| Prev. Close | |
| Open | |
| Day Range | - |
| VWAP | |
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| 52w Range | - |
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LAW Statistics
24 January
1,224 / 2,295
ASX Size Rank
1yr Return
vs Sector (1yr)
-2.44%
vs ASX 200 (1yr)
-13.91%
$37.64 million
Market Cap
Share Issue
561.76 million
All Ords (%)
N/A
Short Sold
0%
Current Fundamentals
24 January
N/A
PE Ratio
EPS ($)
-0.042
Earnings Yield
-62.54%
NTA ($)
-0.12
N/A
Dividend Yield
DPS ($)
-
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, Disbursement funding and short-term 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
| 27 Feb 2020 | Report (Prelim) |
| 28 Feb 2020 | Report (Prelim) |
| 27 Mar 2020 | Report (Annual) |
| 28 Aug 2020 | 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 |
|---|---|---|---|---|
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 | Chief Executive Officer, Executive Director | 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 |
|
| 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 |
|---|---|---|---|---|---|---|
| 02/01/20 | 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 | 2,070 | 142 | 87 | 284 | 153 | 2,736 |
Top 20 Shareholders
| Name | Shares | Capital |
|---|---|---|
| Mr Mark Siegel | 107,548,702 | 22.24% |
| Mr David Wattel | 107,548,701 | 22.24% |
| Washington H Soul Pattinson & Company Limited | 43,750,000 | 9.05% |
| Citicorp Nominees Pty Limited | 42,411,334 | 8.77% |
| National Nominees Limited | 35,193,263 | 7.28% |
| Mr John Herbert Bannister | 15,846,390 | 3.28% |
| Litigation Management Pty Limited | 7,333,333 | 1.52% |
| Prolex Holdings Limited (PHL A/C) | 5,218,059 | 1.08% |
| Wattle Laboratories Pty Limited (Advanced Culture Systems A/c) | 4,800,000 | 0.99% |
| BNP Paribas Noms Pty Ltd (IB AU Noms Retail Client DRP) | 4,488,552 | 0.93% |
| Barbright Australia Pty Ltd (Interquartz Super Fund A/C) | 3,899,146 | 0.81% |
| Alpha Bronte Pty Limited (The Bronte Carlo A/c) | 3,500,000 | 0.72% |
| Mr Jason Maxwell Yu | 3,175,000 | 0.66% |
| Onmell Pty Ltd (ONM BPSF A/C) | 2,800,000 | 0.58% |
| Diane Lesley Jones | 2,688,732 | 0.56% |
| Mr Alistair David Strong | 2,600,000 | 0.54% |
| Mr Ping Kin Yu & Mrs Wai Ying Elsa Yu (PK and Elsa Super Fund A/c) | 2,600,000 | 0.54% |
| Garrett Smythe Limited | 2,566,568 | 0.53% |
| BT Portfolio Services Limited | 2,450,928 | 0.51% |
| Mrs Adele Whyte | 2,266,667 | 0.47% |
| All other shareholders | 16.7 % | |
The Top 20 Shareholders of LAW hold 83.3% 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 |
|---|
Offical data as published by ASX. See more Data Downloads.
Company Details
Principal Activity: Medical lien funding, Litigation funding, Disbursement and short term funding and Insurance broking for after the event insurance.
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 1B, Level 16, 56 Pitt St
Sydney NSW 2000
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