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Platinum raises backing...
Vesna Poljak
Platinum raises backing
Platinum Capital advised that its net asset backing as at December 31 was $1.38 a share before tax, up from $1.32 in November. The company's share price at the end of December was $1.70. Its portfolio is now 19 per cent short individual shares and index futures. The principal currency exposures were the US dollar at 25 per cent, then the euro, Australian dollar and Hong Kong dollar. Vesna Poljak
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