Platinum Asset Management Ltd (ASX: PTM) Share Price and News
Price
Movement
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52 Week Range
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1 Year Return
Platinum Asset Management Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$692.78 million
P/E Ratio
14.51
Dividend Yield
8.85%
Shares Outstanding
582.17 million
Earnings per share
0.078
Dividend per share
0.08
Year To Date Return
-22.56%
Earnings Yield
6.89%
Franking
100%
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Platinum Asset Management Ltd (ASX: PTM)
Latest News
Mergers & Acquisitions
Platinum shares slump despite Regal takeover update
Financial Shares
Platinum shares fall after rejecting Regal Partners takeover offer
Share Gainers
Why Adairs, Chalice Mining, New Hope, and Platinum shares are roaring higher today
Mergers & Acquisitions
2 OTHER ASX shares rocketing on takeover offers today
Mergers & Acquisitions
Platinum shares jump 16% on Regal takeover offer
Share Fallers
Why Bellevue Gold, Platinum, REA, and Strickland shares are tumbling today
Dividend Investing
Should you buy the 3 highest-yielding dividend shares in the ASX 200?
Broker Notes
Top brokers name 3 ASX shares to buy next week
Broker Notes
Brokers name 3 ASX shares to buy now
Share Gainers
Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping
Share Fallers
Why 29Metals, Brainchip, Platinum, and Premier Investments shares are falling today
Financial Shares
Why is this ASX 300 stock crashing 23% today?
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 05 Sep 2024 | $0.0400 | 100.00% | Final | 20 Sep 2024 |
| 07 Mar 2024 | $0.0600 | 100.00% | Interim | 22 Mar 2024 |
| 31 Aug 2023 | $0.0700 | 100.00% | Final | 15 Sep 2023 |
| 02 Mar 2023 | $0.0700 | 100.00% | Interim | 17 Mar 2023 |
| 01 Sep 2022 | $0.0700 | 100.00% | Final | 15 Sep 2022 |
| 02 Mar 2022 | $0.1000 | 100.00% | Interim | 18 Mar 2022 |
| 02 Sep 2021 | $0.1200 | 100.00% | Final | 16 Sep 2021 |
| 02 Mar 2021 | $0.1200 | 100.00% | Interim | 18 Mar 2021 |
| 03 Sep 2020 | $0.1100 | 100.00% | Final | 22 Sep 2020 |
| 02 Mar 2020 | $0.1300 | 100.00% | Interim | 18 Mar 2020 |
| 27 Aug 2019 | $0.1400 | 100.00% | Final | 20 Sep 2019 |
| 28 Feb 2019 | $0.1300 | 100.00% | Interim | 18 Mar 2019 |
| 30 Aug 2018 | $0.1600 | 100.00% | Final | 21 Sep 2018 |
| 01 Mar 2018 | $0.1600 | 100.00% | Interim | 19 Mar 2018 |
| 30 Aug 2017 | $0.0000 | 100.00% | Final | 22 Sep 2017 |
| 01 Mar 2017 | $0.1500 | 100.00% | Interim | 22 Mar 2017 |
| 31 Aug 2016 | $0.1600 | 100.00% | Final | 22 Sep 2016 |
| 01 Mar 2016 | $0.1600 | 100.00% | Interim | 22 Mar 2016 |
| 27 Aug 2015 | $0.2000 | 100.00% | Final | 22 Sep 2015 |
PTM ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Platinum Asset Management Ltd
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.
PTM Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 25 Oct 2024 | $1.19 | $0.04 | 3.48% | 916,478 | $1.16 | $1.22 | $1.16 |
| 24 Oct 2024 | $1.15 | $-0.03 | -2.54% | 928,613 | $1.18 | $1.18 | $1.15 |
| 23 Oct 2024 | $1.18 | $-0.01 | -0.84% | 806,530 | $1.20 | $1.20 | $1.18 |
| 22 Oct 2024 | $1.19 | $-0.01 | -0.83% | 1,357,577 | $1.19 | $1.20 | $1.18 |
| 21 Oct 2024 | $1.20 | $0.01 | 0.84% | 1,724,967 | $1.20 | $1.22 | $1.17 |
| 18 Oct 2024 | $1.19 | $-0.01 | -0.83% | 2,265,744 | $1.20 | $1.21 | $1.19 |
| 17 Oct 2024 | $1.20 | $0.00 | 0.00% | 2,558,755 | $1.20 | $1.23 | $1.20 |
| 16 Oct 2024 | $1.20 | $-0.01 | -0.83% | 717,467 | $1.20 | $1.22 | $1.20 |
| 15 Oct 2024 | $1.21 | $0.02 | 1.68% | 848,151 | $1.19 | $1.22 | $1.19 |
| 14 Oct 2024 | $1.19 | $-0.01 | -0.83% | 1,494,785 | $1.21 | $1.21 | $1.19 |
| 11 Oct 2024 | $1.20 | $-0.02 | -1.65% | 1,254,725 | $1.21 | $1.22 | $1.20 |
| 10 Oct 2024 | $1.22 | $0.00 | 0.00% | 820,612 | $1.22 | $1.24 | $1.21 |
| 09 Oct 2024 | $1.22 | $0.02 | 1.67% | 1,336,899 | $1.20 | $1.22 | $1.20 |
| 08 Oct 2024 | $1.20 | $-0.03 | -2.44% | 985,473 | $1.24 | $1.24 | $1.20 |
| 07 Oct 2024 | $1.23 | $0.00 | 0.00% | 1,060,021 | $1.23 | $1.24 | $1.21 |
| 04 Oct 2024 | $1.23 | $0.02 | 1.65% | 2,181,688 | $1.22 | $1.24 | $1.20 |
| 03 Oct 2024 | $1.21 | $-0.01 | -0.82% | 1,417,430 | $1.22 | $1.24 | $1.21 |
| 02 Oct 2024 | $1.22 | $0.02 | 1.67% | 1,037,521 | $1.19 | $1.22 | $1.19 |
| 01 Oct 2024 | $1.20 | $0.03 | 2.56% | 1,679,140 | $1.16 | $1.20 | $1.15 |
| 30 Sep 2024 | $1.17 | $0.04 | 3.54% | 2,125,527 | $1.13 | $1.17 | $1.13 |
| 27 Sep 2024 | $1.13 | $-0.02 | -1.75% | 2,158,885 | $1.15 | $1.16 | $1.10 |
| 26 Sep 2024 | $1.15 | $0.02 | 1.78% | 3,869,067 | $1.09 | $1.15 | $1.09 |
| 25 Sep 2024 | $1.13 | $0.04 | 3.69% | 2,718,684 | $1.09 | $1.13 | $1.09 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 17 Sep 2024 | Jeffrey (Jeff) Petters | Issued | 249,213 | $277,872 |
Issue of securities. 249,213 deferred right
|
| 15 Nov 2023 | Elizabeth Norman | Issued | 298,507 | $400,000 |
Issue of securities. face value, vwap, 12,65,160 Rights
|
| 15 Nov 2023 | Andrew Stannard | Issued | 298,507 | $400,000 |
As advised by the company. VWAP, FACE VALUE, 965,259 rIGHTS
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Ms Anne Joan Loveridge | Non-Executive Director | Sep 2016 |
Ms Loveridge has over 35 years of experience in business. She has experience in people leadership and remuneration as well as audit, risk, regulatory compliance and finance skills. Ms Loveridge had a 30-year career at PwC Australia, where she retired as Senior Audit Partner and Deputy Chair in 2015. Ms Loveridge brings to the Board extensive financial services and company director experience gained through her numerous senior leadership and director roles. She is Chair of the Risk & Compliance Committee.
|
| Mr Guy Strapp | Non-Executive DirectorNon-Executive Chairman | Aug 2020 |
Mr Strapp has over 35 years of experience in the investment and financial services sectors, having worked in a variety of roles in Australia and abroad at Bank of America, JP Morgan Investment Management, Citigroup Asset Management and BT Financial Group. Mr Strapp's most recent executive role was as CIO and CEO of Eastspring Investments (formerly Prudential Asset Management) in Hong Kong. Mr Strapp has local and international experience in asset management, gained on both the investment and distribution side of the business. Mr Strapp is a member of the Risk & Compliance Committee and Investment Committee.
|
| Ms Brigitte H Smith | Non-Executive Director | Mar 2018 |
Ms Smith has over 20 years of experience in the investment and financial services sector. Ms Smith brings financial services experience within Australia and the US with a focus on supporting business strategy, human resources and operations. Ms Smith is the co-founder and Managing Director of GBS Venture Partners. Prior to GBS, Ms Smith worked in the US and Australia in operating roles with fast growth technology-based businesses, and at Bain & Company as a strategic management consultant. She is a member of the Risk & Compliance Committee.
|
| Mr Philip Moffitt | Non-Executive Director | Dec 2021 |
Mr Moffitt has over 35 years of experience in investment management. Mr Moffitt was previously a partner at Goldman Sachs (London and Sydney) and Chair of Goldman Sachs Australia Managed Fund Board. Prior to this he held several senior roles within Tokai Asia in Hong Kong and Bankers Trust in Australia. He is a member of the Risk & Compliance Committee and became Chair of the Investment Committee.
|
| Ms Rachel Mary Grimes (AM) | Non-Executive Director | Sep 2024 |
Ms Grimes senior executive experience in the financial services and wealth management sectors. Her more recent executive roles include Chief Financial Officer at Challenger Limited and General Manager Finance at Westpac. Rachel is also a non-executive director of Australian Payments Plus Limited and its subsidiaries, Angusknight Pty Limited, Digital Finance CRC Limited and Loreto Ministries Limited. She is Chair of Risk and Compliance Committee.
|
| Mr Jeffrey (Jeff) Franklin Petters | Chief Executive OfficerManaging Director | Jan 2024 |
Mr Peters with over 30 years of industry experience, brings an asset management background, together with strategic and management consulting skills. He previously led the institutional and international businesses of two large global asset management firms, Columbia Threadneedle Investments and Putnam Investments, respectively, following his time working in the asset management practice at McKinsey.
|
| Ms Joanne Jefferies | Company Secretary | Oct 2016 |
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| Joanne Jefferies | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| K Neilson | 126,037,420 | 21.65% |
| HSBC Custody Nominees (Australia) Limited | 58,149,569 | 9.99% |
| J P Morgan Nominees Australia Pty Limited | 46,376,573 | 7.97% |
| Citicorp Nominees Pty Limited | 39,791,607 | 6.84% |
| Platinum Investment Management Limited (nominee) | 29,364,201 | 5.04% |
| Pacific Custodians Pty Limited (Platinum EMP Share TST A/C) | 20,986,546 | 3.60% |
| ABN Amro Clearing Sydney Nominees Pty Limited | 10,002,422 | 1.72% |
| Tsou Enterprise Pty Limited | 7,155,600 | 1.23% |
| Jilliby Pty Ltd | 6,500,000 | 1.12% |
| J Clifford | 5,000,000 | 0.86% |
| National Nominees Limited | 4,905,077 | 0.84% |
| BNP Paribas Nominees Pty Ltd (Agency Lending A/C) | 3,910,975 | 0.67% |
| Starbrook Enterprises Pty Limited | 3,600,000 | 0.62% |
| BNP Paribas Nominees Pty Limited (IB AU NOMS Retail Client DRP) | 3,472,777 | 0.60% |
| 3rd Wave Investors Pty Limited | 3,000,000 | 0.52% |
| Neweconomy Com Au Nominees Pty Limited | 2,478,983 | 0.43% |
| BNP Paribas Noms Pty Limited | 2,465,285 | 0.42% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 2,365,597 | 0.41% |
| Garrett Smythe Limited | 2,152,500 | 0.37% |
| IOOF Investment Services Limited (IOOF IDPS) | 1,981,504 | 0.32% |
