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3.54%

$1.17 platinum asset management limited

Correcting my own error here, and not meaning to offend "Judith"...

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Jack1960

1,751 Posts.

2108

15/10/21

16:53

Post #: 56835769
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Originally posted by Jack1960: ↑

I didn't really believe PTM would fall below $3, yet it has.

FWIW, I will not second guess my judgement fro ma few days ago. Today I have added a significant number of shares to my holding at $3.04, $3.01, $3.00 and $2.99.

I have downgraded future dividends expectations to 16 cps as management will not need to continue to pay in the 20's and offer a FF yield of over 7%. They will use the cash saved to accelerate the on-market share buy back program putting a floor under the SP.

Of course I may be wrong, but I am confident enough in both management and my 5 decades of investing. I have backed up the truck totally anticipating to sell down part of today's accumulation in the next 9-12 months at a significantly higher price.

Thank you Julie, I think your ex may just be a little better at investing than you and your advisers.

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Correcting my own error here, and not meaning to offend "Judith" not Julie (Neilson).

PTM Price at posting: $2.99 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.17		Change 0.040(3.54%)		Mkt cap ! $681.1M

Open	High	Low	Value	Volume
$1.13	$1.17	$1.13	$2.455M	2.125M

Buyers (Bids)

No.	Vol.	Price($)
1	18122	$1.15

Sellers (Offers)

Price($)	Vol.	No.
$1.17	31525	3

View Market Depth

No.	Vol.	Price($)
1	18122	1.150
1	18000	1.135
2	5911	1.130
1	100000	1.115
2	4647	1.105

Price($)	Vol.	No.
1.170	31525	3
1.175	53634	5
1.180	52275	7
1.185	500	1
1.190	32367	2

Last trade - 16.10pm 30/09/2024 (20 minute delay)

PTM (ASX) Chart