News: PTM Platinum Asset Management Posts FY Net Profit Attributable Of $157.7 Million, page-241

I don't understand why they refuse to emulate MFG's approach to making staff shareholders i.e. provide interest-free non-recourse loans (based on % of salary) to allow staff to annually buy some PTM stock...this would lock large numbers of staff in and help resuscitate the share price simultaneously (via a centralised on market stock purchase). A staff equity funding scheme similar to this has worked wonderfully for MFG and locked in many of their staff for the long term whilst forcing them to think like highly committed shareholders. PTM has heaps of excess cash sitting around earning virtually nothing...why not use some of it to fund such loans to buy stock, rather than issue new stock that will both annoy and dilute shareholders (and hurt the share price rather than resuscitate it). PTM management needs to think long and hard about what they're doing here.