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$1.12 amp limited

Especially in an inflationary environment.

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practisingaccountant

9,543 Posts.

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24/06/23

14:16

Post #: 68450902
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Originally posted by Squeaks ↑

Unfortunately too much of the cost reduction so far has been achieved by selling off businesses or shrinking ones they had. Sure costs incurred went down but so did revenue. I agree that selling off loss making business such as the SMSf business is good but this is not a cost reduction.

the cost ratios show that there has not been true cost reduction and given shrinking size of adviser numbers and having less businesses to wear overheads it is going to be tough to do better.

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Especially in an inflationary environment.

AMP Price at posting: $1.12 Sentiment: None Disclosure: Held
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(20min delay)
Last $1.12		Change 0.005(0.45%)		Mkt cap ! $3.015B

Open	High	Low	Value	Volume
$1.12	$1.13	$1.11	$13.15M	11.75M

Buyers (Bids)

No.	Vol.	Price($)
9	346992	$1.11

Sellers (Offers)

Price($)	Vol.	No.
$1.12	371197	16

View Market Depth

No.	Vol.	Price($)
6	183543	1.110
8	188507	1.105
4	98929	1.100
7	85520	1.095
10	218457	1.090

Price($)	Vol.	No.
1.120	134031	8
1.125	123276	3
1.130	197158	14
1.135	310905	12
1.140	127419	9

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last $1.12			Change 0.005 ( 0.33 %)
Open	High		Low	Volume
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