I totally agree. I've been vocal about my own views and valuation and I have been pilloried for it. Now with the price down to $2.50 even I am a bit shocked. The reality is that many years of poor management are now coming home to roost and not before time either. I actually believe there is another 12-18 months of poor results before this business can level out and rebuild. I reckon about 5 years of rebuilding before some blue sky potential . Could get to $1.50 if things go as badly as I think they willl.
News: AMP AMP To Sell Wealth Protection And Mature Businesses, page-58
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Last
$1.31 |
Change
0.010(0.77%) |
Mkt cap ! $3.395B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.32 | $1.30 | $3.035M | 2.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 196871 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 341555 | 49 |
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| Last trade - 12.16pm 20/08/2024 (20 minute delay) ? |
| AMP (ASX) Chart |