Share price for PPT seems extraordinarily low. Having said that, Platinum is also down a fair bit (which is also a quality stock) and IOOF has been hammered (inferior stock).
Is it a stockmarket / sector thing, or have others heard news? Apart from the market I can only think of 2 possible reasons:
1. The fund PPT runs that guarantees a set return, with investments typically in debt securities (ie. PPT have already disclosed $18 million provision here, although only $5 million stated to be non-recoverable.
2. PPT is often mentioned with MFS due to their trustee function for a / some funds.
Thoughts?
MJS
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 (20min delay)
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Last
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $2.198B | |||
| Open | High | Low | Value | Volume |
| $19.21 | $19.24 | $19.00 | $2.201M | 114.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.19 | 1567 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
| PPT (ASX) Chart |