PTM 3.86% 99.5¢ platinum asset management limited

Ann: PTM announces turnaround is required and underway, page-44

  1. 1,892 Posts.
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    Well, bear in mind that if they do not address the anachronistic, egregious fees then FUM will continue to seek greener pastures.

    A 25bp (fees would still be at the upper end) cut would reduce revenue by say $40m or $20m/half.

    Given NPAT for the half was $36m...look out below.
    Paying out ALL NPAT as a divy? could not support current div spiked price.

 
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