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The latest update is out from Platinum Asset Management Ltd ( (AU:PTM) ).
Platinum Asset Management Limited announced that L1 Capital and its associated entities have ceased to be substantial holders in the company as of October 1, 2025. This change is due to the termination of a Call Option Deed and a dilution effect following the issuance of new ordinary shares under a Merger Implementation Deed. This development may impact the company’s shareholder structure and influence its market positioning.
The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:PTM Stock Forecast page.
More about Platinum Asset Management Ltd
Platinum Asset Management Limited operates in the financial services industry, focusing on asset management. The company is known for managing a range of investment funds and providing financial advisory services, primarily targeting institutional and retail investors.
Average Trading Volume: 2,467,647
Technical Sentiment Signal: Sell
Current Market Cap: A$384.7M
For detailed information about PTM stock, go to TipRanks’ Stock Analysis page.