hmm..plz explain "Any buyback reduces the dividends"
they pay divs from profits (passed almost 100% for interim)...
buy backs done from cash...different but same
i own more of this than most of the directors - even after their top up! Good to c them pouring $60-$120k in the last few dayz, maybe they know the buy back will commence soon and that will stabilise things.....surely theyre more in tune with the fum flow, so if theyre happy at this price, why shouldnt we be???!! may mean the heamorrage has stopped / abated? chairman even poured $120k of his own into it!!!! I guess he sees value now???
from a bang/buck valuation/FUM, im torn b/w allocating more capital to either this, pdl or mfg...pdl is almost unfranked yield but screaming at me right now, esp with 5 times fum of ptm and globally diversified (UK/USA). interesting how mfg (smashed the most), pdl and ptm have been hit, but ppt is holding its ground. i believe mfg has somewhat more ground to fall but may look appealing at $12....
any takers for picking a$$ bottom? just dont pick too hard
News: PTM Platinum Asset Management Says HY Profit After Income Tax Expense A$60 Mln, page-45
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Last
$1.22 |
Change
0.005(0.41%) |
Mkt cap ! $710.2M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.24 | $1.22 | $935.0K | 764.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 9052 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 96019 | 23 |
View Market Depth
| Last trade - 13.39pm 03/10/2024 (20 minute delay) ? |
| PTM (ASX) Chart |