I think the difference munch is QBE was under $5 after 9/11 and since have restructured there business in case of more terrorist attacks....AMP on the other hand have not proven to have done s#it,and until they do so is a risk,,,,sure its cheap i remember saying that at $10 and i remember you quiet clearly saying it was a buy then.....but guess what it got cheaper and theres every chance it will continue to do so.
Alpha put up a nice chart on AMP tonight,have a look at it,a break under $4.30 and kiss your a#se,next stop $3.50 unless a take over is announced or something.cheers
Good luck with it in any case,but just because it looks cheap doesn`t mean it can`t get cheaper.
advise, page-8
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Last
$1.34 |
Change
0.005(0.37%) |
Mkt cap ! $3.457B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.35 | $1.33 | $7.613M | 5.692M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 86588 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |