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Platinum Asset Management Ltd ( (AU:PTM) ) has provided an update.
Platinum Asset Management Limited announced the issuance of unquoted equity securities in the form of deferred rights, which will vest in three equal tranches over one-year increments. This move is part of an employee incentive scheme, indicating the company’s strategy to retain and motivate its workforce, potentially impacting its operational efficiency and market positioning positively.
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 Limited operates in the financial services industry, focusing on asset management. The company provides investment solutions and manages a range of funds, catering to a diverse client base seeking to grow their wealth through strategic investment opportunities.
Average Trading Volume: 2,455,815
Technical Sentiment Signal: Sell
Current Market Cap: A$384.7M
For a thorough assessment of PTM stock, go to TipRanks’ Stock Analysis page.