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An update from Platinum Asset Management Ltd ( (AU:PTM) ) is now available.
Platinum Asset Management Limited has announced the dispatch of a Notice of Meeting and Explanatory Memorandum for an Extraordinary General Meeting scheduled for September 22, 2025. The meeting will address the proposed merger with First Maven Pty Ltd, known as L1 Capital, and includes resolutions regarding termination benefits for certain employees. The board recommends shareholders vote in favor of the merger, highlighting its strategic importance, while also addressing ancillary resolutions related to employee termination benefits.
The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.50 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 is a company in the financial services industry, primarily focused on asset management. It offers investment management services and is listed on the Australian Securities Exchange.
Average Trading Volume: 1,997,768
Technical Sentiment Signal: Hold
Current Market Cap: A$413.4M
See more data about PTM stock on TipRanks’ Stock Analysis page.