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Platinum Asset Management Ltd ( (AU:PTM) ) has issued an announcement.
Platinum Asset Management Limited has announced the cessation of certain securities due to unmet conditions. Specifically, 29,564 deferred rights and 8,097,891 performance rights have lapsed as of June 30, 2025. This cessation reflects the company’s ongoing adjustments in its capital management strategy, potentially impacting its financial structuring and stakeholder interests.
The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.90 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 provides investment solutions and manages funds for a variety of clients, aiming to deliver superior long-term returns.
Average Trading Volume: 1,957,682
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$295.7M
See more insights into PTM stock on TipRanks’ Stock Analysis page.