Valterra Platinum's Shares Could Rise Post-Demerger -- Market Talk

Dow Jones
2025/05/29

0531 GMT - Valterra Platinum's London-listed shares could trade around 3,200 pence a share compared with today's implied share price of 3,044 pence a share, RBC Capital Markets analysts Ben Davis and Marina Calero write. Formerly Anglo American Platinum, Valterra will begin trading in London from Monday June 2. Major indexes could sell up to 21 million shares but this will be partially offset by emerging market indexes buying as the free float increases to 80.1% from 33.3%. The South African Pension Fund could continue to increase its ownership above its current 11.7%, they write. Near-term volatility in the stock could provide attractive entry points for investors given the quality of Valterra's assets, they add. (adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

May 29, 2025 01:32 ET (05:32 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10