so AMP have reduced their fee by about 18%, and therefore probably their profit by about 30% on what was one of their most profitable bits of business.
It is a move that makes good sense in terms of protecting the business from being taken over. But I do not see how it is a show of strength. It a loss of profits that will a sale less attractive.
when will AMP HIT $3.00, page-4908
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$1.18 |
Change
0.038(3.29%) |
Mkt cap ! $3.025B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.18 | $1.14 | $6.663M | 5.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 409387 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 632994 | 60 |
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| AMP (ASX) Chart |