Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Platinum Asset Management Ltd ( (AU:PTM) ) is now available.
Platinum Asset Management Ltd has announced a change in the interests of a substantial holder, First Sentier Group Limited, which is indirectly owned by Mitsubishi UFJ Financial Group Inc. The notice details changes in voting power and relevant interests in the company’s shares, reflecting the dynamic nature of investment management and control over voting rights. This announcement may impact stakeholders by indicating shifts in control and influence within the company, potentially affecting its strategic decisions and market positioning.
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
YTD Price Performance: -14.43%
Average Trading Volume: 2,046,625
Technical Sentiment Signal: Sell
Current Market Cap: A$330.1M
Learn more about PTM stock on TipRanks’ Stock Analysis page.