Maybe... they are losing scale so it could make sense.
If Platinum and Magellan continue to lose FUM there will be nothing left to merge.
Ann: Funds Under Management - October 2023, page-5
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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 |
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| PTM (ASX) Chart |