PTM 0.47% $1.05 platinum asset management limited

Ann: Funds Under Management - April 2024, page-26

  1. 961 Posts.
    lightbulb Created with Sketch. 126

    Over the last couple of years, the board has observed a trend away from closed ended investment vehicles, particularly those that lack sufficient scale to generate the liquidity required to maintain share prices close to the underlying net tangible assets.

    “Unfortunately, [the funds] have not been immune from the effects of this general market sentiment.”



    Management have been aware of the shift in market sentiment but have maintained their fee structure while seeing shareholder value crumble.
    Last edited by patrick2: 10/05/24
 
watchlist Created with Sketch. Add PTM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.