tiprankstipranks
Trending News
More News >

Platinum Asset Management Projects Turnaround Costs for H1 2024

Story Highlights
  • Platinum Asset Management expects turnaround costs of $9.5m to $10m for Dec 2024.
  • The company continues efforts to optimize operations, with further details pending in results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Platinum Asset Management Projects Turnaround Costs for H1 2024

Confident Investing Starts Here:

Platinum Asset Management Ltd ( (AU:PTM) ) just unveiled an announcement.

Platinum Asset Management Limited announced that it expects its turnaround program implementation costs for the December 2024 half year to range between $9.5 million and $10 million before tax. This announcement reflects the company’s ongoing efforts to manage its operations and improve business performance, with further details to be disclosed in the upcoming half-year results.

More about Platinum Asset Management Ltd

Platinum Asset Management Limited is a company in the financial industry, primarily offering asset management services. It focuses on managing funds and providing investment solutions to its clients.

YTD Price Performance: 11.50%

Average Trading Volume: 17,303

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €263.5M

See more data about PTM stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1