Have not looked at PTM since my several posts around the time of the float. Am not surprised to see its steady decline ever since. The IPO generated totally unrealistic expectations, Kerr Neilson became a billionaire overnight, the stags did exceptionally well, but the poor unfortunate "believers" have been left holding the baby and wondering why it all went so wrong.
I became disillusioned with Platinum Capital (PMC) some time ago, have since ditched all my holdings, and won't be going near Mr Neilson again. I believe he has had his heyday. (Perhaps Ron Brierley has had his too - I have been steadily unloading GPG).