I see the new CFO has not addressed the below the line shenanigans that AMP is notorious for:
- client remediation costs. They are remediating customers every month and no doubt new issues arise regularly. This is a normal part of any business, not below the line
- transformation cost out. All decent business are transforming all the time. Again a normal part of business and an out is not be below the line.
- other items includes exited mandates; seems like a dodgy way to reduce the prior year comparative where AMP has lost business. Exited mandates are very different from where they have sold a business such as superconcepts and AMP Capital
I see the new CFO has not addressed the below the line...
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Last
$1.10 |
Change
0.030(2.82%) |
Mkt cap ! $2.948B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.08 | $13.96M | 12.80M |
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| 2 | 58307 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.09 |
Change
0.030 ( 1.90 %) |
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| Open | High | Low | Volume | ||
| $1.09 | $1.10 | $1.08 | 2478620 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| AMP (ASX) Chart |