Lawfinance Ltd (LAW)
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Movement
1 Year Return
Lawfinance Ltd Chart
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| Last | |
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| Volume | |
| Turnover | |
| Market Cap | $31.9 million |
| Today's Movement | |
| Prev. Close | |
| Open | |
| Day Range | - |
| VWAP | |
| Historical Stats | |
| 52w Range | - |
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LAW Statistics
01 October
1,357 / 2,232
ASX Size Rank
1yr Return
vs Sector (1yr)
-20.79%
vs ASX 200 (1yr)
-38.69%
$31.9 million
Market Cap
Share Issue
966.63 million
All Ords (%)
N/A
Short Sold
0%
Current Fundamentals
01 October
N/A
PE Ratio
EPS ($)
-0.005
Earnings Yield
-15.45%
NTA ($)
-0.04
N/A
Dividend Yield
DPS ($)
-
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
| 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 | 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 |
|---|---|---|---|---|---|---|
| 02/04/20 | 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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