I remember putting up an analogy a while ago about when my car broke down and numerous people put in their 10 cents worth to no avail. I dont think Alexis is any different. A lot have given it a go but it is too much for them. Alexis has shown she is no different. She gets paid big money, but the market has absolutely no confidence in her. AMP is just doomed. If you have to drop your fees to retain mandates, you are just fighting a losing battle. Maybe there is some extra value left, maybe not. But I think that it is just going to take too long to recover. The only hope is that there is a takeover, but that wont occur while there are some issues still waiting to be resolved.
Have you ever heard of a takeover offer at less than the SP, based on the fact that its going down the gurgler fast. You read it here first.
WHEN WILL AMP GET BACK UP TO ONE DOLLAR, page-7
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Last
$1.56 |
Change
0.035(2.30%) |
Mkt cap ! $3.936B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.56 | $1.51 | $7.600M | 4.929M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45690 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 99644 | 3 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |