PTM
Platinum Investment Management trading as Platinum Asset Management ("Platinum") is a specialist fund management company that makes investments in a portfolio of global equities. Platinum Asset Management Limited (PTM) is the owner of Platinum. PTM listed on the Australian Stock Exchange (ASX) on 23rd May, 2007. Subsequent to listing, outside interests own around 30% of Platinum Asset Management Limited shares with the remaining around 70% of the shares held by the key personnel.
Read up on the dividend history for PLATINUM ASSET MANAGEMENT LIMITED. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive PTM dividends if you own the PLATINUM ASSET MANAGEMENT LIMITED shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the PTM dividend if you buy the stocks on or after the ex dividend date.
Here is a strategy update on the Budget Impact on Equities provided by Australian market analyst UBS.
Strategy – Budget Impact on Equities
Allco Finance (AFG) was the best performer in the sharemarket taking in a 113% increase in their share price for the week. Among the best performing stocks for the past trading week (week 13 of 2008) on the Australian sharemarket were a mixture of finance and real estate: Allco Finance (AFG), ING Office (IOF), Valad Property (VPG), Transfield Services (TSE), Platinum Asset (PTM). These best performing stocks for week 13 of 2008 recorded gains above 11.4 percent by the end of the trading week.
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