I put in large part the blame for this on the Chair saying that PTM is fairly priced at 13 times consensus estimate so buyback is not worth it. That is signalling to say price should be lower and market duly obliges. If he didn't know what to say about the buyback not being activated he should have stayed silent.
News: PTM Platinum Asset Management Posts FY Net Profit Attributable Of $157.7 Million, page-270
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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 |