Maybe a better way for me to phrase it is as follows:
Would the PTM investment team invest in PTM the Company?
How would they evaluate the indifference of the Board and Management toward minority shareholders?
What would they make of the poor capital allocation and operating performance of the business?
How would they evaluate a Chairman who makes his first point of business upon joining a Company, to be that of bumping up his own fees? In spite of dreadful performance for the minority owners of the business.
What would they make of the current valuation reflecting a price that encompasses:
39% decline YTD
47% decline over 1 year
76% decline over 5 years
79% decline since listing in 2007
Notwithstanding the above, it appears that the CEO, Andrew Clifford and the Chairman, Guy Strapp, do not see value even at present prices.That said, the Board and Management are going to great lengths to lament that the staff don't own enough of the company, and must be gifted further ownership in the Company at the expense of minority shareholders....
- Forums
- ASX - By Stock
- Buyback of PTM
Maybe a better way for me to phrase it is as follows:Would the...
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.05 |
Change
0.000(0.00%) |
Mkt cap ! $611.2M |
Open | High | Low | Value | Volume |
$1.04 | $1.06 | $1.04 | $1.793M | 1.711M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3461 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 43969 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3461 | 1.050 |
2 | 12540 | 1.045 |
7 | 63484 | 1.040 |
3 | 11520 | 1.035 |
3 | 47401 | 1.030 |
Price($) | Vol. | No. |
---|---|---|
1.055 | 43969 | 3 |
1.060 | 147145 | 9 |
1.065 | 65580 | 8 |
1.070 | 33693 | 5 |
1.075 | 40678 | 4 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.05 |
  |
Change
0.000 ( 0.58 %) |
|||
Open | High | Low | Volume | ||
$1.05 | $1.06 | $1.04 | 547617 | ||
Last updated 15.59pm 24/05/2024 ? |
Featured News
PTM (ASX) Chart |