Platinum Asset Management Ltd (ASX: PTM) Share Price and News

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Platinum Asset Management Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $407.52 million
P/E Ratio 8.34
Dividend Yield 15.04%
Shares Outstanding 582.17 million
Earnings per share 0.080
Dividend per share 0.08
Year To Date Return -27.44%
Earnings Yield 11.98%
Franking 100%
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as at 24 Feb 3:44pm

  • Platinum Asset Management Ltd (ASX: PTM)
    Latest News

    A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
    Share Fallers

    Why Boss Energy, Digico, Platinum, and Resolute shares are dropping today

    These shares are starting the week in the red. But why?

    Read more »

    A young male investor wearing a white business shirt screams in frustration with his hands grasping his hair after ASX 200 shares fell rapidly today and appear to be heading into a stock market crash
    Share Fallers

    Why Downer, Peter Warren, Platinum, and Syrah shares are sinking today

    These shares are having a tough time on Thursday. But why?

    Read more »

    A businesswoman exhales a deep sigh after receiving bad news, and gets on with it.
    Financial Shares

    Why are Platinum shares sinking 26% to a record low on Thursday?

    Rock bottom! That's where this struggling fund manager's shares are today. But why?

    Read more »

    A businesswoman gets angry, shaking her fist at her computer.
    Share Fallers

    Why ANZ, Calix, Paradigm, and Platinum shares are tumbling today

    These shares are starting the week in the red. But why?

    Read more »

    A worried man holds his head and look at his computer.
    Financial Shares

    Platinum shares sink 13% after takeover collapse overshadows special dividend

    This fund manager's takeover has collapsed but a big special dividend has been declared.

    Read more »

    Multiple ASX share investors take on one another in a tug of war in a high rise building.
    Mergers & Acquisitions

    Platinum shares slump despite Regal takeover update

    Could a takeover deal be getting closer? Let's find out.

    Read more »

    A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.
    Financial Shares

    Platinum shares fall after rejecting Regal Partners takeover offer

    The fund manager believes the offer undervalues the company.

    Read more »

    Excited group of friends sitting on sofa watching sports on TV and celebrating.
    Share Gainers

    Why Adairs, Chalice Mining, New Hope, and Platinum shares are roaring higher today

    These shares are having a stronger day than most. But why?

    Read more »

    Man drawing illustration of a big fish eating a little fish representing a takeover or acquisition.
    Mergers & Acquisitions

    2 OTHER ASX shares rocketing on takeover offers today

    No less than three takeover offers have been received on the ASX today.

    Read more »

    Multiple ASX share investors take on one another in a tug of war in a high rise building.
    Mergers & Acquisitions

    Platinum shares jump 16% on Regal takeover offer

    This fund manager is in the crosshairs of a rival. Let's see what is happening.

    Read more »

    A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
    Share Fallers

    Why Bellevue Gold, Platinum, REA, and Strickland shares are tumbling today

    These shares are starting the week in the red. But why?

    Read more »

    A woman has a thoughtful look on her face as she studies a fan of Australian 20 dollar bills she is holding on one hand while he rest her other hand on her chin in thought.
    Dividend Investing

    Should you buy the 3 highest-yielding dividend shares in the ASX 200?

    Are the highest-yielding dividend shares on the ASX worth buying today?

    Read more »

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    12 Dec 2024 $0.2000 100.00% Special Cash 31 Dec 2024
    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile 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.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    27 Dec 2024 $0.70 $0.03 4.51% 3,294,222 $0.68 $0.71 $0.68
    24 Dec 2024 $0.67 $0.00 0.00% 922,327 $0.68 $0.68 $0.66
    23 Dec 2024 $0.67 $0.03 4.69% 1,696,567 $0.66 $0.67 $0.65
    20 Dec 2024 $0.64 $-0.01 -1.54% 4,255,839 $0.65 $0.67 $0.64
    19 Dec 2024 $0.65 $-0.02 -2.99% 3,754,200 $0.66 $0.66 $0.64
    18 Dec 2024 $0.67 $0.05 8.06% 6,713,583 $0.63 $0.67 $0.61
    17 Dec 2024 $0.62 $-0.02 -3.15% 3,376,731 $0.64 $0.64 $0.62
    16 Dec 2024 $0.64 $-0.03 -4.55% 4,823,981 $0.66 $0.67 $0.63
    13 Dec 2024 $0.66 $-0.01 -1.49% 2,220,123 $0.67 $0.67 $0.65
    12 Dec 2024 $0.67 $-0.18 -21.18% 8,254,869 $0.63 $0.70 $0.63
    11 Dec 2024 $0.85 $-0.03 -3.43% 11,723,994 $0.88 $0.89 $0.85
    10 Dec 2024 $0.88 $-0.02 -2.23% 9,936,338 $0.90 $0.91 $0.86
    09 Dec 2024 $0.90 $-0.15 -14.35% 17,270,652 $0.97 $0.98 $0.84
    06 Dec 2024 $1.05 $-0.02 -1.89% 475,413 $1.06 $1.06 $1.04
    05 Dec 2024 $1.06 $0.01 0.95% 1,264,200 $1.04 $1.07 $1.04
    04 Dec 2024 $1.05 $0.00 0.00% 491,475 $1.05 $1.05 $1.04
    03 Dec 2024 $1.06 $0.00 0.00% 381,670 $1.05 $1.06 $1.04
    02 Dec 2024 $1.05 $0.00 0.00% 531,417 $1.06 $1.06 $1.04
    29 Nov 2024 $1.06 $0.00 0.00% 623,017 $1.05 $1.06 $1.04
    28 Nov 2024 $1.05 $0.00 0.00% 262,676 $1.06 $1.06 $1.04

    Director Transactions Data provided by Morningstar.

    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

    Directors & Management Data provided by Morningstar.

    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.
    Mr James (Jim) Simpson Non-Executive Director Nov 2024
    --
    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
    -
    Joanne Jefferies Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    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%

    Profile

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