from Egoli :-
AMP – Outlook improving even without the takeover hype.
So the old rumour mill continued yesterday with a few whispers of Citigroup now looking at buying AMP. It was HSBC a few weeks ago and ANZ / WBC before that. Any way you look at it, the old AMP is now becoming an attractive proposition both for investors and Industry preditors.
AMP's underlying business fundamentals continue to improve on the back of a stronger operating environment.
The FY04 result showed that AMP had little up its sleeve in the way of positive earnings surprises, which we viewed as being required to support the stock's pre-result rating. The AMP share price has fallen 6% since mid-February 2005 and, in our view, is now closer to fair value.
rooted!, page-10
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Last
$1.12 |
Change
0.040(3.70%) |
Mkt cap ! $2.939B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.12 | $1.08 | $17.27M | 15.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 137210 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 497098 | 53 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |