Last Price Today's Change   Day's Range   Trading Volume
3.24   +0.03 (0.93%)  3.21 - 3.28  1,083,921


Avg Volume (4 weeks):1,626,312
4 Weeks Range:2.98 - 3.31
4 Weeks Price Volatility (%):
52 Weeks Range:2.19 - 3.315
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Hillcrest Litigation Services Limited is engaged in the litigation funding business. The Company's geographical segment is Australia. The principal nature of a litigation funding business is that the litigation funder provides funds to enable a party to meet the cost of pursuing a legal claim and in return for assuming the funding obligations, the litigation funder becomes entitled to receive a percentage of the amount ultimately recovered under the claim, whether by way of court judgment or an earlier agreed settlement. The costs funded and paid by the litigation funder generally include the legal fees of its client party's solicitors and barristers together with the disbursements or expenses relating to the litigation. The litigation funder typically provides its client with an indemnity against an adverse costs order in the event that the claim is unsuccessful and provides security for the defendant's costs (by way of bank guarantee or cash on deposit) if required by the Court.

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