Appollo buying more, page-5

  1. 17,753 Posts.
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    "Would AMP and CGF be good together as they are both concentrating on retirement type products a lot?"

    In a phrase: That ain't happening.

    Speaking as an AMP shareholder, the AMP board has a clear and single mandate, namely to shrink the company to greatness - nothing else. Any AMP director who so much as whispers, "acquisition" today, will be summarily hung, drawn and quartered.

    As for CGF taking a tilt at AMP: similarly, the CGF directors would have their derrieres handed to them on a platter by the market if they contemplated such a stunt. After all, CGF has plenty of organic growth runway; it doesn't have to acquire growth (especially not when it comes to having to contemplate paying a change of control premium on an enterprise over which it would be impossible to conduct thorough due diligence.

    .
 
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(20min delay)
Last
$8.14
Change
0.120(1.50%)
Mkt cap ! $5.655B
Open High Low Value Volume
$8.09 $8.19 $8.03 $6.582M 807.5K

Buyers (Bids)

No. Vol. Price($)
13 3309 $8.14
 

Sellers (Offers)

Price($) Vol. No.
$8.15 4482 16
View Market Depth
Last trade - 14.08pm 30/06/2025 (20 minute delay) ?
CGF (ASX) Chart
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