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The latest announcement is out from Platinum Asset Management Ltd ( (AU:PTM) ).
Platinum Asset Management Limited held an Extraordinary General Meeting to discuss the proposed merger with First Maven Pty Ltd, trading as L1 Capital. The meeting aimed to seek shareholder approval for several resolutions related to the merger, which is expected to enhance the company’s market positioning and operational capabilities.
The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.53 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 financial services company specializing in asset management. It focuses on providing investment solutions and managing funds for its clients, with a market presence in Australia.
YTD Price Performance: 10.86%
Average Trading Volume: 2,545,723
Technical Sentiment Signal: Hold
Current Market Cap: A$427.7M
For a thorough assessment of PTM stock, go to TipRanks’ Stock Analysis page.