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The latest announcement is out from Platinum Asset Management Ltd ( (AU:L1G) ).
L1 Group Limited has requested a trading halt on its shares pending an announcement related to an equity raising initiative through an institutional placement and a share purchase plan. This move is aimed at facilitating the company’s financial strategy, and the halt will remain until the announcement is made or normal trading resumes on 31 October 2025.
The most recent analyst rating on (AU:L1G) 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:L1G Stock Forecast page.
More about Platinum Asset Management Ltd
Average Trading Volume: 2,890,449
Technical Sentiment Signal: Buy
Current Market Cap: A$2.3B
See more insights into L1G stock on TipRanks’ Stock Analysis page.