Platinum Asset Management Ltd
PTM: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$7.00 | Hpjs | Rywrszkc |
Platinum: Regal Acquisition Has Qualitative Benefits, but Accretive Potential Is Unknown
The proposed acquisition of no-moat Platinum by Regal Partners appears reasonable, with a 14% takeover premium to our fair value and the last close price. Platinum is currently assessing the offer, and shareholders do not need to take any action at this stage.