March 26 (Reuters) - Platinum Asset Management Ltd (PTM) :
- TURNAROUND PROGRAM UPDATE
- INITIAL REVIEW HAS NOW BEEN COMPLETED
- SAVINGS WILL ONLY BEGIN TO BE REALISED DURING LAST QUARTER OF 2024 FINANCIAL YEAR
- TARGETING AT LEAST A$25 MILLION IN ANNUALISED RUN RATE SAVINGS
- FUNDS UNDER MANAGEMENT EXPECTED TO REDUCE BY A$0.2 BILLION DUE TO THESE INITIATIVES
- EXPECTS TO RECEIVE PARTIAL REDEMPTIONS OF AT LEAST A$1.4 BILLION FROM ITS INSTITUTIONAL & WHOLESALE BUSINESS OVER COMING MONTH
- ONE-OFF IMPLEMENTATION CASH COSTS OF A$12 MILLION ESTIMATED TO BE INCURRED DURING FY24 FOR TARGETED SAVINGS
- THERE IS LIKELY TO BE AN ADDITIONAL A$9 MILLION OF NON-CASH COSTS INCURRED
(([email protected];))
March 26 (Reuters) - Platinum Asset Management Ltd (PTM) :...
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Last
73.0¢ |
Change
-0.030(3.95%) |
Mkt cap ! $424.9M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 76.0¢ | 72.0¢ | $1.621M | 2.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15000 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| PTM (ASX) Chart |