PTM 0.97% $1.05 platinum asset management limited

Ann: Funds Under Management - December 2022, page-24

  1. 1,705 Posts.
    lightbulb Created with Sketch. 2014
    BTW, while it crosses my mind, capital management initiatives to revive PMC and PAI were announced late last year.

    From memory, each listed fund will issue existing shareholders with free options to enable current holders to convert the current NTA discount into real dollars.

    This smart "cost free" incentive, aims to close the NTA gap, restore investor value, and god forbid - increase the size of FUM! Win/win/win

    IMO, that is intelligent capital management from a high conviction company that has seen a long string deep discounts amongst many of its oversold investment targets.

    GLTASH
 
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