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Platinum Asset Management Ltd ( (AU:L1G) ) just unveiled an announcement.
L1 Group Limited, listed on the ASX under the code L1G, has notified the market of the issue of additional ordinary fully paid shares, reflecting the conversion or exercise of previously unquoted securities. The company has issued 2,166,148 new ordinary fully paid shares as at 31 December 2025, signalling a change in its capital structure that may modestly dilute existing shareholders while potentially strengthening its equity base and aligning holders of the converted instruments more closely with the company’s long-term performance.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
More about Platinum Asset Management Ltd
Average Trading Volume: 4,357,871
Technical Sentiment Signal: Buy
Current Market Cap: A$2.71B
For detailed information about L1G stock, go to TipRanks’ Stock Analysis page.