PTM 0.61% $1.24 platinum asset management limited

Technically they're mostly just saying that they've managed to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,077 Posts.
    lightbulb Created with Sketch. 89
    Technically they're mostly just saying that they've managed to keep termination and redundancy payments under $21m!

    Cutting costs isn't too hard, the missing leg is the revenue growth line. That's going to be hard without a growth culture emerging.

    It's not particularly priced for growth at the moment though, so maybe there's an opportunity here. Cash-cow the remaining fum for a few years, plus a few specials of the cash, you'd probably at least get your money back.
 
watchlist Created with Sketch. Add PTM (ASX) to my watchlist
(20min delay)
Last
$1.24
Change
0.008(0.61%)
Mkt cap ! $724.7M
Open High Low Value Volume
$1.23 $1.26 $1.23 $1.258M 1.010M

Buyers (Bids)

No. Vol. Price($)
10 13750 $1.24
 

Sellers (Offers)

Price($) Vol. No.
$1.25 11326 19
View Market Depth
Last trade - 15.03pm 04/11/2024 (20 minute delay) ?
PTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.