AMP 0.00% $1.33 amp limited

Takeover, page-90

  1. 922 Posts.
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    A very short history of AMP.
    They were at $21 in 2000 & were a principal sponsor of the Sydney Olympics.
    They were a darling of the Superannuation funds at the time, apparently.
    They slid down over the years to sub $10.There was talk of NAB bank taking them over at about the $8 mark.
    They made a financially disastrous foray into the UK pensions (Superannuation) business.(Lost about $4 billion there.)
    The last I heard, many years ago, was that their true value was in the Financial Planners network that they have/had.
 
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