Hi jdon,
I don't see this as a necessary business move.
AMP says it is a small number of borrowers , therefore the amount of money involved will be small.
Damage to their reputation will be much more costly.
Yet another in a long line of amateur hour management decisions at AMP. Just imagine selling a "discounted " loan in the future.This level of incompetence makes it difficult to predict medium to long term share prices. You just get the impression that the macro environment could improve , they could come up with a good money making idea, profits improve ,then they would find a way to muck it up.
- Forums
- ASX - By Stock
- Ann: AMP to launch new digital bank designed for small business
Hi jdon,I don't see this as a necessary business move.AMP says...
Featured News
Add AMP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.09 |
Change
0.000(0.00%) |
Mkt cap ! $2.893B |
Open | High | Low | Value | Volume |
$1.09 | $1.10 | $1.08 | $1.291M | 1.187M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 221462 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 107602 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 238408 | 1.080 |
14 | 208435 | 1.075 |
15 | 325315 | 1.070 |
10 | 187758 | 1.065 |
12 | 657168 | 1.060 |
Price($) | Vol. | No. |
---|---|---|
1.085 | 84024 | 17 |
1.090 | 356259 | 25 |
1.095 | 597375 | 33 |
1.100 | 540296 | 43 |
1.105 | 609606 | 21 |
Last trade - 10.41am 04/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.08 |
  |
Change
0.000 ( 0.69 %) |
|||
Open | High | Low | Volume | ||
$1.09 | $1.09 | $1.08 | 338733 | ||
Last updated 11.00am 04/06/2024 ? |
Featured News
AMP (ASX) Chart |