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quote:Originally posted by COLIN
For a negative take on this one, refer to my posting under "PMC".
I am sure I will be slated for my comments, but the facts speak for themselves.
No problem with your views Colin. I personally do not and will not invest in managed funds but will look at investing in fund managers because the whole sector is such a gravy train. Platinum at IPO price was priced at a discount to its peers, and over a longer time frame has outperformed its peers. As such it will probably trade on the market at a PE at least similar to its peers, 20 - 30% above the IPO price. Any more than that opens up a good stagging opportunity.