PTM 3.86% 99.5¢ platinum asset management limited

Well, bear in mind that if they do not address the...

  1. 1,892 Posts.
    lightbulb Created with Sketch. 281
    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.

 
watchlist Created with Sketch. Add PTM (ASX) to my watchlist
(20min delay)
Last
99.5¢
Change
-0.040(3.86%)
Mkt cap ! $579.2M
Open High Low Value Volume
$1.03 $1.03 99.0¢ $23.50M 23.60M

Buyers (Bids)

No. Vol. Price($)
14 302038 99.0¢
 

Sellers (Offers)

Price($) Vol. No.
$1.00 44470 2
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
PTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.