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Platinum Asset Management Ltd ( (AU:PTM) ) has provided an announcement.
Platinum Asset Management Ltd has announced the application for the quotation of 1,656,937,177 fully paid ordinary securities on the Australian Securities Exchange, effective October 1, 2025. This move is part of previously announced transactions and could potentially impact the company’s market positioning by increasing its liquidity and market capitalization, benefiting stakeholders by enhancing trading flexibility.
The most recent analyst rating on (AU:PTM) 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:PTM Stock Forecast page.
More about Platinum Asset Management Ltd
Platinum Asset Management Ltd is a company in the financial services industry, primarily focusing on asset management. It offers investment management services and is listed on the Australian Securities Exchange under the code PTM.
YTD Price Performance: 2.68%
Average Trading Volume: 2,465,644
Technical Sentiment Signal: Sell
Current Market Cap: A$396.2M
See more data about PTM stock on TipRanks’ Stock Analysis page.