PTM 3.02% 96.5¢ platinum asset management limited

News: PTM Platinum Asset Management Posts FY Net Profit Attributable Of $157.7 Million, page-6

  1. 4,282 Posts.
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    @madamswer

    I frankly don't understand the market reaction. The loss at the bottom line, relative to the pcp, is essentially all about performance fees in the prior period. Is this a surprise to the market?

    Frankly, what I see is a well run business, that has shown an ability, and desire, to have its fixed costs as variable as possible. I also see a loyal, and sticky, client base - under the circumstances.
    Last edited by MarsC: 21/08/19
 
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