If my calcs. are correct? - Some rough figures:
Over past 2 years:
1. FUM down approx. 25%
2. XAO UP approx. 3%
3. PTM Share Price down 45%
4. Interim Div. down 40%
So PTM appear to need to:
1. Attract more funds & stop the FUM decline
2. Improve their portfolio performance
3. Perhaps reduce costs, which presumedly are increasing as FUM decline?
4. If improving, (have an offering that attracts) = market themselves to attract funds!
On this basis, what is a fair price for PTM?
Ann: Funds Under Management - March 2024, page-5
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.07 |
Change
0.015(1.43%) |
Mkt cap ! $620.0M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.10 | $1.06 | $1.973M | 1.843M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 45051 | 3 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| PTM (ASX) Chart |