AMP 2.34% $1.31 amp limited

when will AMP HIT $3.00, page-1796

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    AMP said in 2019 during the first attempt of selling AMP Life to Resolution:-

    Majority of A$755m net cash proceeds received on settlement to be returned to shareholders, subject to unforeseen circumstances.

    At this time AMP was to receive $3B Cash from Resolution. Since then they have done a Capital Raise and raised over $650M.

    So stands to reason that they should return $755m to share holders as they mentioned in 2019.

    If they did, this would equate to almost 22 cents/Share.
 
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60 294625 $1.31
 

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$1.31 77937 24
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