Platinum Asset Management Ltd (ASX: PTM) Share Price and News
Price
Movement
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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
$959.22 million
P/E Ratio
11.76
Dividend Yield
8.67%
Shares Outstanding
586.68 million
Earnings per share
0.137
Dividend per share
0.14
Year To Date Return
-5.87%
Earnings Yield
8.50%
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
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Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| 09 Aug 2023 | $1.62 | $0.01 | 0.63% | 557,258 | $1.60 | $1.62 | $1.60 |
| 08 Aug 2023 | $1.60 | $0.03 | 1.90% | 897,014 | $1.59 | $1.60 | $1.58 |
| 07 Aug 2023 | $1.58 | $0.00 | 0.00% | 665,558 | $1.58 | $1.59 | $1.57 |
| 04 Aug 2023 | $1.57 | $0.01 | 0.64% | 1,333,242 | $1.56 | $1.58 | $1.55 |
| 03 Aug 2023 | $1.56 | $-0.02 | -1.27% | 1,157,673 | $1.58 | $1.58 | $1.55 |
| 02 Aug 2023 | $1.58 | $-0.03 | -1.86% | 951,749 | $1.61 | $1.61 | $1.58 |
| 01 Aug 2023 | $1.61 | $0.03 | 1.89% | 602,948 | $1.59 | $1.62 | $1.59 |
| 31 Jul 2023 | $1.59 | $-0.02 | -1.25% | 1,781,419 | $1.61 | $1.64 | $1.59 |
| 28 Jul 2023 | $1.61 | $-0.01 | -0.62% | 481,124 | $1.61 | $1.62 | $1.59 |
| 27 Jul 2023 | $1.62 | $0.00 | 0.00% | 1,423,823 | $1.60 | $1.62 | $1.60 |
| 26 Jul 2023 | $1.61 | $0.00 | 0.00% | 616,348 | $1.60 | $1.62 | $1.60 |
| 25 Jul 2023 | $1.61 | $0.00 | 0.00% | 500,059 | $1.62 | $1.62 | $1.61 |
| 24 Jul 2023 | $1.62 | $0.01 | 0.62% | 507,825 | $1.59 | $1.62 | $1.59 |
| 21 Jul 2023 | $1.61 | $0.00 | 0.00% | 768,262 | $1.60 | $1.61 | $1.59 |
| 20 Jul 2023 | $1.60 | $-0.02 | -1.23% | 1,867,246 | $1.62 | $1.62 | $1.60 |
| 19 Jul 2023 | $1.62 | $0.02 | 1.25% | 776,263 | $1.60 | $1.64 | $1.59 |
| 18 Jul 2023 | $1.60 | $0.00 | 0.00% | 601,448 | $1.60 | $1.61 | $1.59 |
| 17 Jul 2023 | $1.60 | $0.00 | 0.00% | 721,014 | $1.61 | $1.61 | $1.59 |
| 14 Jul 2023 | $1.60 | $0.01 | 0.63% | 612,203 | $1.60 | $1.61 | $1.60 |
| 13 Jul 2023 | $1.59 | $0.00 | 0.00% | 373,904 | $1.61 | $1.61 | $1.59 |
| 12 Jul 2023 | $1.60 | $-0.01 | -0.63% | 1,134,701 | $1.61 | $1.61 | $1.59 |
| 11 Jul 2023 | $1.60 | $0.01 | 0.63% | 770,079 | $1.62 | $1.62 | $1.59 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 30 Jun 2023 | Andrew Clifford | Expiry | 223 | $389,354 |
As advised by the company. Lapse of PTMAB performance rights, 8,36,866 Rights
|
| 29 Jun 2023 | Elizabeth Norman | Issued | 147 | $250,000 |
Issue of securities. deferred bonus of $250,000 was translated into 147,495 PTMAA deferred rights, 10,33,783 Rights
|
| 29 Jun 2023 | Elizabeth Norman | Expiry | 67 | $117,477 |
As advised by the company. Lapse of PTMAB performance rights, 9,66,653 Rights
|
| 29 Jun 2023 | Andrew Stannard | Issued | 147 | $250,000 |
Issue of securities. deferred bonus of $250,000 was translated into 147,495 PTMAA deferred rights granted under, 7,33,882 Rights
|
| 29 Jun 2023 | Andrew Stannard | Expiry | 67 | $117,477 |
As advised by the company. Lapse of PTMAB performance rights, 666,752 Rights
|
| 27 Feb 2023 | Guy Strapp | Buy | 28 | $52,080 |
On-market trade.
|
| 16 Nov 2022 | Elizabeth Norman | Issued | 268 | $450,000 |
Issue of securities. volume weighted average price, 8,86,288 Rights
|
| 16 Nov 2022 | Andrew Stannard | Issued | 268 | $450,000 |
Issue of securities. volume weighted average price, 586,387 Rights
|
| 16 Nov 2022 | Andrew Clifford | Issued | 895 | $1,500,000 |
Issue of securities. volume weighted average price, 10,60,633 rights, As per announcement on 23-11-2022
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Andrew M Clifford | Executive DirectorChief Executive OfficerManaging Director | May 2013 |
Mr Clifford has over 30 years' experience in investment and funds management with a focus on global equity markets. Mr Clifford is a Non-Executive Director of the JAAM Foundation and Australian Wildlife Conservancy.
|
| Ms Anne Joan Loveridge | Non-Executive Director | Sep 2016 |
Ms Loveridge has over 30 years' experience in business. She is formally trained as a Chartered Accountant and has a breadth of experience in people leadership and remuneration as we as audit, risk, regulatory compliance and finance skills. Ms Loveridge had a 30-year career at PwC Australia, where she retired as Senior Partner and Deputy Chair in 2015.
|
| Mr Guy Strapp | Non-Executive DirectorNon-Executive Chairman | Aug 2020 |
Mr Strapp has over 35 years' 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. He has local and international experience in asset management, gained on both the investment and distribution side of the business.
|
| Ms Brigitte H Smith | Non-Executive Director | Mar 2018 |
Ms Smith has over 20 years' experience in the investment and financial services sector. He has financial service 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.
|
| Mr Stephen Menzies | Non-Executive Director | Mar 2015 |
Mr Menzies has over 30 years' experience as a corporate lawyer in capital markets and mergers and acquisitions. Mr Menzies is a retired partner of Ashurst law firm and prior to his retirement in 2015. During his time at Ashurst he was the Head of China Practice and oversaw the Shanghai and Beijing offices of that firm.
|
| Ms Elizabeth Norman | Director of Investor Services and CommunicationExecutive Director | May 2013 |
Ms Norman has over 30 years' experience in investor services and communications. Ms Norman joined Platinum in February 1994 in a role of Investor Services and Communications Manager. Ms Norman worked at Bankers Trust Australia in product development and within the retail funds management team.
|
| Mr Andrew Stannard | Chief Financial OfficerExecutive Director | Aug 2015 |
Mr Stannard has over 30 years' experience in finance with expertise in audit, financial control, operations, funds management, financial services regulation and corporate governance. Mr Stannard was Chief Financial Officer of Alliance Bernstein for its Asia-Pacific region.
|
| 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 | 21.48% |
| HSBC Custody Nominees (Australia) Limited | 62,245,722 | 10.61% |
| J P Morgan Nominees Australia Pty Limited | 60,637,826 | 10.34% |
| Citicorp Nominees Pty Limited | 53,143,210 | 9.06% |
| Platinum Investment Management Limited (nominee) | 29,364,201 | 5.01% |
| Pacific Custodians Pty Limited | 13,267,445 | 2.26% |
| BNP Paribas Nominees Pty Limited | 8,527,991 | 1.45% |
| National Nominees Limited | 6,542,956 | 1.12% |
| Jilliby Pty Limited | 6,500,000 | 1.11% |
| J Clifford | 5,000,000 | 0.85% |
| BNP Paribas Nominees Pty Limited (IB AU NOMS Retail Client DRP) | 3,231,654 | 0.55% |
| Starbrook Enterprises Pty Limited | 2,700,000 | 0.46% |
| UBS Nominees Pty Limited | 2,515,859 | 0.43% |
| Garrett Smythe Limited | 1,963,500 | 0.33% |
| First Samuel Limited | 1,958,188 | 0.33% |
| BNP Paribas Nominees Pty Limited HUB24 Custodial Serv Limited | 1,629,068 | 0.28% |
| JAMPLAT Pty Limited | 1,502,500 | 0.26% |
| Xetrov Pty Limited | 1,500,000 | 0.26% |
| G Hancock and J Hancock | 1,128,084 | 0.19% |
| Southern Steel Investments Pty Limited | 1,122,012 | 0.19% |